ETF Series Solutions Trust ETF (ALFI) Technical Analysis
NYSEARCA:ALFI
Current stock price
ALFI Technical Rating and Analysis
Taking everything into account, ALFI scores 1 out of 10 in our technical rating. 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.
- Warning: ALFI has an average volume of 1298 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, ALFI turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- ALFI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ALFI is lagging the market.
- In the last month ALFI has a been trading in the 24.31 - 26.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ALFI Weekly and Daily overview Charts
ALFI Setup Rating and Analysis
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.
More info and screens
ALFI Support and Resistance Analysis
23.31
2 important support areas can be observed.
- Support @25.12 from a trend line in the daily time frame.
- A support zone ranging from 23.55 to 23.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.16 to 25.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ALFI 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 | 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. |
ALFI Chart- and CandleStick Pattern Analysis
ALFI Technicals: Chart, Performance Metrics, Trend & Indicators
ETF Series Solutions Trust ETF
NYSEARCA:ALFI (6/28/2018, 8:29:15 PM)
25.135
+0.11 (+0.42%)
ETF Series Solutions Trust ETF / ALFI TA FAQ
What is the ChartMill technical rating of ETF Series Solutions Trust ETF (ALFI) stock?
ChartMill assigns a technical rating of 1 / 10 to ALFI.
What is the current trend direction of ETF Series Solutions Trust ETF (ALFI) stock?
The current trend direction for ETF Series Solutions Trust ETF (ALFI) is Bearish.
What is the RSI signal for ETF Series Solutions Trust ETF (ALFI) stock?
ETF Series Solutions Trust ETF (ALFI) has an RSI value of 41.4713. This indicates that the stock is currently neutral.
What is the MACD signal for ALFI stock?
The MACD indicator for ETF Series Solutions Trust ETF (ALFI) has a value of -0.0621763, indicating a bearish trend.
What is the short term momentum for ALFI stock?
The short term momentum for ETF Series Solutions Trust ETF (ALFI) is negative.