DEFIANCE DT 2X LG ANET ETF (ANEL) Technical Analysis
NASDAQ:ANEL • US88636V8191
Current stock price
ANEL Technical Rating and Analysis
Overall ANEL gets a technical rating of 4 out of 10. ANEL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than ANEL.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month ANEL has a been trading in the 11.38 - 18.50 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ANEL Weekly and Daily overview Charts
ANEL Setup Rating and Analysis
ANEL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ANEL Support and Resistance Analysis
17.85
We found 1 important resistance area.
- Resistance @18.37 from a horizontal line in the weekly time frame.
ANEL 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 ANEL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANEL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ANEL 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 ANEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ANEL is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 61.77 | NEUTRAL | The RSI value for ANEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests ANEL has a positive trend. |
| Stochastics (14,3) | 96.3 | OVERBOUGHT | The high Stochastics value suggests ANEL may be overbought. |
| Average True Range in percent/ATR (20) | 7.17 | HIGH VOLATILITY | The high ATR as a percentage value for ANEL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.1 | NEGATIVE | The low ADX value for ANEL suggests a weak or negative trend. |
ANEL Chart- and CandleStick Pattern Analysis
ANEL Technicals: Chart, Performance Metrics, Trend & Indicators
18.0327
+0.41 (+2.3%)
DEFIANCE DT 2X LG ANET ETF / ANEL TA FAQ
Can you provide the ChartMill technical rating for DEFIANCE DT 2X LG ANET ETF?
ChartMill assigns a technical rating of 4 / 10 to ANEL.
Can you provide the trend direction for DEFIANCE DT 2X LG ANET ETF?
The current trend direction for DEFIANCE DT 2X LG ANET ETF (ANEL) is Bearish.
What is the RSI signal for DEFIANCE DT 2X LG ANET ETF (ANEL) stock?
DEFIANCE DT 2X LG ANET ETF (ANEL) has an RSI value of 61.7745. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DEFIANCE DT 2X LG ANET ETF?
The short term momentum for DEFIANCE DT 2X LG ANET ETF (ANEL) is positive.
What are the support and resistance levels for DEFIANCE DT 2X LG ANET ETF (ANEL) stock?
DEFIANCE DT 2X LG ANET ETF (ANEL) has a resistance level at 18.37. Check the full technical report for our detailed analysis of ANEL support and resistance levels.