Reality Shares Nasdaq Nexgen Economy China ETF (BCNA) Technical Analysis
NASDAQ:BCNA
Current stock price
BCNA Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to BCNA. BCNA has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Warning: BCNA has an average volume of 910 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- In the last month BCNA has a been trading in the 19.86 - 21.79 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When compared to the yearly performance of all other stocks, BCNA outperforms 54% of them, which is more or less in line with the market.
- BCNA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BCNA is lagging the market slightly.
BCNA Weekly and Daily overview Charts
BCNA Setup Rating and Analysis
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.
More info and screens
BCNA Support and Resistance Analysis
18.92
When analyzing the support we can see 3 important areas.
- 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.
2 important resistance areas can be observed.
- 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.
BCNA 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 | 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. |
BCNA Chart- and CandleStick Pattern Analysis
BCNA Technicals: Chart, Performance Metrics, Trend & Indicators
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 TA 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.
Can you provide the trend direction for Reality Shares Nasdaq Nexgen Economy China ETF?
The current trend direction for Reality Shares Nasdaq Nexgen Economy China ETF (BCNA) is Bullish.
What is the RSI signal for BCNA stock?
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.
Can you provide the buy/sell signal for Reality Shares Nasdaq Nexgen Economy China ETF?
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.