T-REX 2X LG AFRM DA TAR ETF (AFRU) Technical Analysis
NYSEARCA:AFRU • US26923Q5493
Current stock price
AFRU Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AFRU. AFRU'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AFRU is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month AFRU has a been trading in the 4.04 - 6.46 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
AFRU Weekly and Daily overview Charts
AFRU Setup Rating and Analysis
Although the technical rating is bad, AFRU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for AFRU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
AFRU Support and Resistance Analysis
4.77
We found 1 important resistance area.
- A resistance zone ranging from 4.83 to 4.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
AFRU Technical Indicator Signal Analysis
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 AFRU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFRU is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | AFRU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AFRU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AFRU is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.65 | NEUTRAL | The RSI value for AFRU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests AFRU has a positive trend. |
| Stochastics (14,3) | 40.29 | NEUTRAL | The Stochastics value for AFRU is a neutral value. |
| Average True Range in percent/ATR (20) | 11.29 | HIGH VOLATILITY | The high ATR as a percentage value for AFRU suggests high volalility. |
| Average Directional Index/ADX (14) | 36.5 | POSITIVE | The high ADX value value for AFRU suggests a strong trend. |
AFRU Chart- and CandleStick Pattern Analysis
AFRU Technicals: Chart, Performance Metrics, Trend & Indicators
4.82
+0.11 (+2.34%)
T-REX 2X LG AFRM DA TAR ETF / AFRU TA FAQ
What is the technical rating for AFRU stock?
ChartMill assigns a technical rating of 0 / 10 to AFRU.
What is the current trend direction of T-REX 2X LG AFRM DA TAR ETF (AFRU) stock?
The current trend direction for T-REX 2X LG AFRM DA TAR ETF (AFRU) is Bearish.
What is the RSI signal for AFRU stock?
T-REX 2X LG AFRM DA TAR ETF (AFRU) has an RSI value of 41.6525. This indicates that the stock is currently neutral.
Can you provide the short term momentum for T-REX 2X LG AFRM DA TAR ETF?
The short term momentum for T-REX 2X LG AFRM DA TAR ETF (AFRU) is negative.
Can you provide the support and resistance levels for T-REX 2X LG AFRM DA TAR ETF?
T-REX 2X LG AFRM DA TAR ETF (AFRU) has a resistance level at 4.83. Check the full technical report for our detailed analysis of AFRU support and resistance levels.