We assign a technical rating of 7 out of 10 to BIKR. Although BIKR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
BIKR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 24.96, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.83
2 important support areas can be observed.
- A support zone ranging from 24.49 to 24.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.07 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.98 to 25.20. 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 BIKR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BIKR is up. |
| ChartMill Relative Strength | 57.83 | NEUTRAL | BIKR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIKR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIKR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BIKR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.4 | NEUTRAL | The RSI value for BIKR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BIKR has a negative trend. |
| Stochastics (14,3) | 29.25 | NEUTRAL | The Stochastics value for BIKR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for BIKR suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.99 | 24.85 | 0.14 (0.55%) | 25.00% |
| An entry @24.99. This is a Buy Stop order right above the 10 day moving average. | An exit @24.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.14 points, which is 0.55%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- The distance between exit and entry is rather small compared to the average daily movement of BIKR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:BIKR (7/12/2019, 8:19:18 PM)
24.97
0 (0%)
Rogers Ai Global Macro ETF / BIKR FAQ
Can you provide the ChartMill technical rating for Rogers Ai Global Macro ETF?
ChartMill assigns a technical rating of 7 / 10 to BIKR.
What is the current trend direction of Rogers Ai Global Macro ETF (BIKR) stock?
The current trend direction for Rogers Ai Global Macro ETF (BIKR) is Bullish.
What is the RSI signal for BIKR stock?
Rogers Ai Global Macro ETF (BIKR) has an RSI value of 56.404. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Rogers Ai Global Macro ETF?
The MACD indicator for Rogers Ai Global Macro ETF (BIKR) has a value of -0.0367535, indicating a bearish trend.
Can you provide the buy/sell signal for Rogers Ai Global Macro ETF?
The buy/sell signal for Rogers Ai Global Macro ETF (BIKR) is buy as both the short term and long term trends are positive.