SPDR BRIDGEWATER ALL WEATHER (ALLW) Stock Technical Analysis
NASDAQ:ALLW - Nasdaq - US78470P6300 - ETF - Currency: USD
Taking everything into account, ALLW scores 6 out of 10 in our technical rating. Although ALLW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, ALLW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 26.21, a Stop Loss order could be placed below this zone.
More info and screens
25.55
We found 1 important support area.
- A support zone ranging from 25.81 to 26.21. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ALLW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ALLW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ALLW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ALLW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ALLW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.21 | NEUTRAL | The RSI value for ALLW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ALLW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 78.66 | NEUTRAL | The Stochastics value for ALLW is a neutral value. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for ALLW suggests low volalility. |
| Average Directional Index/ADX (14) | 17.29 | NEGATIVE | The low ADX value for ALLW suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 26.48 | 25.98 | 0.50 (1.88%) | 25.00% |
| An entry @26.48. This is a Buy Stop order right above the 10 day high. | An exit @25.98. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.50 points, which is 1.88%. | For a 0.47% 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.
26.3984
+0.09 (+0.36%)