NASDAQ:ALLW - Nasdaq - US78470P6300 - ETF - Currency: USD
Taking everything into account, ALLW scores 4 out of 10 in our technical rating. In the last year, ALLW was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, ALLW does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
24.62
When analyzing the support we notice one important area.
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 | 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) | DOWN | MIXED | The current price of ALLW is above a declining 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) | 52.86 | NEUTRAL | The RSI value for ALLW is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests ALLW has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 69.75 | NEUTRAL | The Stochastics value for ALLW is a neutral value. |
Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for ALLW suggests low volalility. |
Average Directional Index/ADX (14) | 9.48 | NEGATIVE | The low ADX value for ALLW suggests a weak or negative trend. |
25.24
+0.1 (+0.4%)