GLOBAL X ART INTEL & TECH (AIQ) Stock Technical Analysis
NASDAQ:AIQ - Nasdaq - US37954Y6326 - ETF - Currency: USD
Taking everything into account, AIQ scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AIQ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AIQ did better than 82% of all other stocks. We also observe that the gains produced by AIQ over the past year are nicely spread over this period.
AIQ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AIQ is performing more or less in line with the market.
AIQ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AIQ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 39.94, a Stop Loss order could be placed below this zone.
More info and screens
31.15
40.70
We found 4 important support areas.
- A support zone ranging from 39.80 to 39.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.09 to 38.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.77 to 33.12. 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.
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 | UP | POSITIVE | The short term trend for AIQ is up. |
| ChartMill Relative Strength | 82.25 | POSITIVE | AIQ has a high relative strength, it outperformed 82.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AIQ is above 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) | 60.81 | NEUTRAL | The RSI value for AIQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests AIQ has a negative trend. |
| Stochastics (14,3) | 67.96 | NEUTRAL | The Stochastics value for AIQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for AIQ suggests low volalility. |
| Average Directional Index/ADX (14) | 17.68 | 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 |
|---|---|---|---|
| 41.02 | 39.79 | 1.23 (3.00%) | 25.00% |
| An entry @41.02. This is a Buy Stop order right above the 10 day high. | An exit @39.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.23 points, which is 3.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- 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.
40.3
-0.15 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.37%
1 Week0%
2 Weeks-1.25%
1 Month8.42%
3 Month3.15%
6 Month3.81%
12 Month20.8%
2 Year54.23%
3 Year77.38%
5 Year106.76%
10 Year78.24%
15 Year42.4%
Volatility
ATR(14)0.72
ATR(20)%1.76%
ATR Inc9.88%
Range Today0.77
ADR(20)0.58
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.25
Mansfield0.44
10 Day High41.01
10 Day Low39.51
20 Day High41.17
20 Day Low37.4
52 Week High42.78
52 Week Low30.6
CS1 End39.94
CR1 StartN/A
Volume & EV
DER(3)-1.69%
DER(5)1.69%
Volume715.90K
Volume Incr16.32%
Vol(5)511.46K
Vol(50)607.50K