USA - NYSEARCA:ALFI -
We assign a technical rating of 1 out of 10 to ALFI. ALFI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ALFI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
23.31
We found 2 important support areas.
We found 1 important resistance area.
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 ALFI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ALFI is down. |
ChartMill Relative Strength | 61.4 | NEUTRAL | ALFI is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ALFI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ALFI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ALFI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 41.47 | NEUTRAL | The RSI value for ALFI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ALFI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 45.69 | NEUTRAL | The Stochastics value for ALFI is a neutral value. |
Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for ALFI suggests low volalility. |
ETF Series Solutions Trust ETF
NYSEARCA:ALFI (6/28/2018, 8:29:15 PM)
25.135
+0.11 (+0.42%)