Taking everything into account, ANEL scores 2 out of 10 in our technical rating. In the last year, ANEL was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
ANEL 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
15.42
We found 1 important support area.
- A support zone ranging from 15.58 to 15.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 ANEL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ANEL is neutral. |
| 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) | DOWN | MIXED | The current price of ANEL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANEL is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.51 | NEUTRAL | The RSI value for ANEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests ANEL has a positive trend. |
| Stochastics (14,3) | 87.8 | OVERBOUGHT | The high Stochastics value suggests ANEL may be overbought. |
| Average True Range in percent/ATR (20) | 7.21 | HIGH VOLATILITY | The high ATR as a percentage value for ANEL suggests high volalility. |
| Average Directional Index/ADX (14) | 16.31 | NEGATIVE | The low ADX value for ANEL suggests a weak or negative trend. |
17.35
+0.5 (+2.94%)
DEFIANCE DT 2X LG ANET ETF / ANEL FAQ
Can you provide the ChartMill technical rating for DEFIANCE DT 2X LG ANET ETF?
ChartMill assigns a technical rating of 2 / 10 to ANEL.
What is the current trend direction of DEFIANCE DT 2X LG ANET ETF (ANEL) stock?
The current trend direction for DEFIANCE DT 2X LG ANET ETF (ANEL) is Bullish.
What is the RSI signal for ANEL stock?
DEFIANCE DT 2X LG ANET ETF (ANEL) has an RSI value of 51.5132. This indicates that the stock is currently neutral.
What is the MACD signal for ANEL stock?
The MACD indicator for DEFIANCE DT 2X LG ANET ETF (ANEL) has a value of 0.389998, indicating a bearish trend.
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 support level at 15.85. Check the full technical report for our detailed analysis of ANEL support and resistance levels.