Global X Ftse Andean 40 ETF (AND) Stock Technical Analysis
NYSEARCA:AND - NYSE Arca -
We assign a technical rating of 8 out of 10 to AND. Both in the recent history as in the last year, AND has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: AND has an average volume of 4022 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, AND did better than 79% of all other stocks. On top of that, AND also shows a nice and consistent pattern of rising prices.
AND is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so AND slightly outperforms the market at the moment.
In the last month AND has a been trading in a tight range between 9.56 and 9.95.
Besides having an excellent technical rating, AND also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for AND in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.49
10.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.30 to 9.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.14 from a trend line in the weekly time frame.
- Support @8.90 from a horizontal line in the daily time frame.
- A support zone ranging from 8.58 to 8.72. 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 9.72 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.32
Mansfield0.37
10 Day High9.87
10 Day Low9.56
20 Day High9.95
20 Day Low9.56
52 Week High9.95
52 Week Low7.42
Performance
1 Week-0.25%
2 Weeks-1.36%
1 Month0.32%
3 Month11.07%
6 Month10.81%
12 Month22.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)49.58
LBB9.59
UBB9.92
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 |
|---|---|---|---|
| 9.73 | 9.55 | 0.18 (1.83%) | 25.00% |
| An entry @9.73. This is a Buy Stop order right above the 10 day moving average. | An exit @9.55. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 1.83%. | For a 0.46% 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.
NYSEARCA:AND (10/6/2017, 8:36:15 PM)
9.696
+0.1 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1%
1 Week-0.25%
2 Weeks-1.36%
1 Month0.32%
3 Month11.07%
6 Month10.81%
12 Month22.58%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%1.21%
ATR Inc-7.1%
Range Today0.14
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.32
Mansfield0.37
10 Day High9.87
10 Day Low9.56
20 Day High9.95
20 Day Low9.56
52 Week High9.95
52 Week Low7.42
CS1 End9.34
CR1 Start9.72
Volume & EV
DER(3)3.02%
DER(5)1.25%
Volume800
Volume Incr-9.88%
Vol(5)4.06K
Vol(50)4.02K