ALLSPRING BRD MRKT CORE BND (AFIX) Stock Technical Analysis
NYSEARCA:AFIX - NYSE Arca - US01989A3086 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to AFIX. In the last year, AFIX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
AFIX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 24.74, a Stop Loss order could be placed below this zone.
More info and screens
24.04
We found 1 important support area.
- A support zone ranging from 24.28 to 24.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.79 to 25.24. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for AFIX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFIX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | AFIX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AFIX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AFIX is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.34 | NEUTRAL | The RSI value for AFIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AFIX has a negative trend. |
| Stochastics (14,3) | 6.08 | OVERSOLD | The low Stochastics value suggests AFIX may be oversold. |
| Average True Range in percent/ATR (20) | 0.26 | LOW VOLATILITY | The low ATR as a percentage value for AFIX suggests low volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for AFIX suggests a weak or negative trend. |
NYSEARCA:AFIX (7/15/2025, 6:40:03 PM)
24.75
-0.05 (-0.18%)