REX AI EQUITY PREM INC ETF (AIPI) Stock Technical Analysis
NASDAQ:AIPI - Nasdaq - US26923N5389 - ETF - Currency: USD
Overall AIPI gets a technical rating of 1 out of 10. AIPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
75% of all other stocks performed better in the past year than AIPI.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
AIPI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AIPI is lagging the market.
In the last month AIPI has a been trading in a tight range between 41.90 and 44.37.
Although the technical rating is bad, AIPI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 42.78, a Stop Loss order could be placed below this zone.
More info and screens
40.62
52.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.20 to 42.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 42.91 to 44.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @45.78 from a trend line in the weekly time frame.
- Strong resistance @51.83 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for AIPI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AIPI is down. |
| ChartMill Relative Strength | 25.67 | NEGATIVE | AIPI has a low relative strength, it was outperformed by 74.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AIPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AIPI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AIPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.95 | NEUTRAL | The RSI value for AIPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests AIPI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.87 | NEUTRAL | The Stochastics value for AIPI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for AIPI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.53 | NEGATIVE | The low ADX value for AIPI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
42.8
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week1.4%
2 Weeks-0.83%
1 Month-1.34%
3 Month3.88%
6 Month-13.54%
12 Month-11.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%1.15%
ATR Inc-7.06%
Range Today0.27
ADR(20)0.41
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.67
Mansfield-1.52
10 Day High43.75
10 Day Low41.9
20 Day High44.37
20 Day Low41.9
52 Week High52.55
52 Week Low33.68
CS1 End42.78
CR1 Start42.91
Volume & EV
DER(3)-6.93%
DER(5)-3.63%
Volume88.40K
Volume Incr-24.15%
Vol(5)103.78K
Vol(50)125.29K