Reality Shares Nasdaq Nexgen Economy China ETF (BCNA) Stock Technical Analysis
USA - NASDAQ:BCNA -
Taking everything into account, BCNA scores 4 out of 10 in our technical rating. In the last year, BCNA was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
BCNA has an average technical rating and also the quality of the setup is 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.
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18.92
3 important support areas can be observed.
- A support zone ranging from 20.38 to 20.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.47 from a trend line in the weekly time frame.
- A support zone ranging from 19.11 to 19.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.83 to 20.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 21.57 to 21.74. This zone is formed by a combination of multiple trend lines 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 BCNA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BCNA is up. |
| ChartMill Relative Strength | 54.46 | NEUTRAL | BCNA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BCNA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BCNA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BCNA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.64 | NEUTRAL | The RSI value for BCNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BCNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.08 | OVERBOUGHT | The high Stochastics value suggests BCNA may be overbought. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for BCNA suggests low volalility. |
Reality Shares Nasdaq Nexgen Economy China ETF
NASDAQ:BCNA (10/22/2019, 8:00:00 PM)
20.83
+0.03 (+0.14%)
Reality Shares Nasdaq Nexgen Economy China ETF / BCNA FAQ
What is the ChartMill technical rating of Reality Shares Nasdaq Nexgen Economy China ETF (BCNA) stock?
ChartMill assigns a technical rating of 4 / 10 to BCNA.
What is the trend direction for BCNA stock?
The current trend direction for Reality Shares Nasdaq Nexgen Economy China ETF (BCNA) is Bullish.
Can you provide the RSI signal for Reality Shares Nasdaq Nexgen Economy China ETF?
Reality Shares Nasdaq Nexgen Economy China ETF (BCNA) has an RSI value of 53.6421. This indicates that the stock is currently neutral.
What is the MACD signal for BCNA stock?
The MACD indicator for Reality Shares Nasdaq Nexgen Economy China ETF (BCNA) has a value of 0.0608069, indicating a bearish trend.
What is the buy/sell signal for Reality Shares Nasdaq Nexgen Economy China ETF (BCNA) stock?
The buy/sell signal for Reality Shares Nasdaq Nexgen Economy China ETF (BCNA) is buy as both the short term and long term trends are positive.