AdvisorShares Accuvest Global Opport ETF (ACCU) Stock Technical Analysis
NYSEARCA:ACCU
Taking everything into account, ACCU scores 0 out of 10 in our technical rating. ACCU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ACCU is a bad performer in the overall market: 84% of all stocks are doing better.
- ACCU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ACCU has a been trading in the 23.47 - 25.12 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ACCU has an average volume of 17504 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
ACCU has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.27
When analyzing the support we notice one important area.
- A support zone ranging from 23.50 to 23.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.99 to 24.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.71 to 25.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.67 to 27.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ACCU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACCU is down. |
| ChartMill Relative Strength | 16.54 | NEGATIVE | ACCU has a low relative strength, it was outperformed by 83.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACCU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACCU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACCU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.48 | NEUTRAL | The RSI value for ACCU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ACCU has a positive trend. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for ACCU suggests low volalility. |
AdvisorShares Accuvest Global Opport ETF
NYSEARCA:ACCU (1/9/2015, 8:37:19 PM)
23.91
+0.04 (+0.17%)
AdvisorShares Accuvest Global Opport ETF / ACCU FAQ
Can you provide the ChartMill technical rating for AdvisorShares Accuvest Global Opport ETF?
ChartMill assigns a technical rating of 0 / 10 to ACCU.
Can you provide the trend direction for AdvisorShares Accuvest Global Opport ETF?
The current trend direction for AdvisorShares Accuvest Global Opport ETF (ACCU) is Bearish.
Can you provide the RSI signal for AdvisorShares Accuvest Global Opport ETF?
AdvisorShares Accuvest Global Opport ETF (ACCU) has an RSI value of 42.4821. This indicates that the stock is currently neutral.
What is the MACD signal for AdvisorShares Accuvest Global Opport ETF (ACCU) stock?
The MACD indicator for AdvisorShares Accuvest Global Opport ETF (ACCU) has a value of 0.0442873, indicating a bearish trend.
What are the support and resistance levels for AdvisorShares Accuvest Global Opport ETF (ACCU) stock?
AdvisorShares Accuvest Global Opport ETF (ACCU) has a support level at 23.83 and a resistance level at 23.99. Check the full technical report for our detailed analysis of ACCU support and resistance levels.