Reality Shares Nasdaq Nexgen Economy China ETF (BCNA) Stock Technical Analysis
USA - NASDAQ:BCNA -
20.83
+0.03 (+0.14%)
Overall BCNA gets a technical rating of 4 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
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 comparing the performance of all stocks over the past year, BCNA turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
BCNA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BCNA is lagging the market.
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
18.92
21.96
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. |
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)
Reality Shares Nasdaq Nexgen Economy China ETF
NASDAQ:BCNA (10/22/2019, 8:00:00 PM)
20.83
+0.03 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week-0.81%
2 Weeks3.89%
1 Month-3.56%
3 Month-2.44%
6 Month-11.92%
12 Month10.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.99%
ATR Inc-72.75%
Range Today0.02
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
CRS54.46
Mansfield-0.59
10 Day High21.07
10 Day Low20
20 Day High21.79
20 Day Low19.86
52 Week High27.86
52 Week Low17.68
CS1 End20.73
CR1 Start20.83
Volume & EV
DER(3)0%
DER(5)0%
Volume700
Volume Incr-19.15%
Vol(5)760
Vol(50)910