GLOBAL X ART INTEL & TECH (AIQ) Stock Technical Analysis
NASDAQ:AIQ - US37954Y6326 - ETF
44.62 USD
-0.46 (-1.02%)
44.76 USD
+0.14 (+0.31%)
Taking everything into account, AIQ scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, AIQ has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, AIQ did better than 79% of all other stocks. On top of that, AIQ also shows a nice and consistent pattern of rising prices.
AIQ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AIQ has an average volume of 1058310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AIQ has a been trading in a tight range between 43.45 and 45.77.
AIQ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 44.61, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AIQ in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
31.15
46.06
We found 4 important support areas.
- A support zone ranging from 43.28 to 44.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.37 from a trend line in the weekly time frame.
- A support zone ranging from 32.77 to 33.26. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @31.46 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.74 to 45.60. 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 AIQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AIQ is neutral. |
| ChartMill Relative Strength | 79.93 | POSITIVE | AIQ has a high relative strength, it outperformed 79.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AIQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AIQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AIQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.76 | NEUTRAL | The RSI value for AIQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests AIQ has a negative trend. |
| Stochastics (14,3) | 70.11 | NEUTRAL | The Stochastics value for AIQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for AIQ suggests low volalility. |
| Average Directional Index/ADX (14) | 13.23 | NEGATIVE | The low ADX value for AIQ 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.75 | 43.44 | 1.31 (2.94%) | 25.00% |
| An entry @44.75. This is a Buy Stop order right above the 10 day moving average. | An exit @43.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.31 points, which is 2.94%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
44.62
-0.46 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.02%
1 Week-0.34%
2 Weeks-1.5%
1 Month0.65%
3 Month7.21%
6 Month16.05%
12 Month33.79%
2 Year65.81%
3 Year132.76%
5 Year89.84%
10 Year97.96%
15 Year77.42%
Volatility
ATR(14)0.6
ATR(20)%1.33%
ATR Inc51.78%
Range Today0.64
ADR(20)0.53
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.93
Mansfield0.38
10 Day High45.57
10 Day Low43.45
20 Day High45.77
20 Day Low43.45
52 Week High45.77
52 Week Low30.6
CS1 End44.61
CR1 Start44.74
Volume & EV
DER(3)4.82%
DER(5)7.02%
Volume936.80K
Volume Incr7.23%
Vol(5)1.22M
Vol(50)1.06M