AMPLIFY TRNSFRM DATA SHR ETF (BLOK) Stock Technical Analysis
NYSEARCA:BLOK - NYSE Arca - US0321086078 - ETF - Currency: USD
Taking everything into account, BLOK scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month BLOK has a been trading in the 55.75 - 63.10 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, BLOK did better than 92% of all other stocks. On top of that, BLOK also shows a nice and consistent pattern of rising prices.
BLOK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BLOK is lagging the market slightly.
Volume is considerably higher in the last couple of days.
BLOK has an excellent technical rating, but 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
36.00
62.35
We found 4 important support areas.
- Support @57.54 from a trend line in the daily time frame.
- A support zone ranging from 56.04 to 56.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.66 from a trend line in the weekly time frame.
- Support @36.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.20 to 61.73. 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 BLOK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BLOK is neutral. |
| ChartMill Relative Strength | 92.37 | POSITIVE | BLOK has a high relative strength, it outperformed 92.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BLOK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BLOK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BLOK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.06 | NEUTRAL | The RSI value for BLOK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.6 | NEGATIVE | The MACD value suggests BLOK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.8 | NEUTRAL | The Stochastics value for BLOK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for BLOK suggests some volalility. |
| Average Directional Index/ADX (14) | 22.15 | NEUTRAL | The ADX value for BLOK suggests a possible start of a new trend. |
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)
57.72
-0.15 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.26%
1 Week2.98%
2 Weeks-5.14%
1 Month-1.3%
3 Month33.12%
6 Month20.48%
12 Month71.58%
2 Year162.6%
3 Year177.1%
5 Year126.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.52
ATR(20)%2.7%
ATR Inc-8.38%
Range Today1.42
ADR(20)1.39
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.37
Mansfield1.74
10 Day High61.46
10 Day Low55.75
20 Day High63.1
20 Day Low55.75
52 Week High63.1
52 Week Low31.32
CS1 End57.54
CR1 Start61.2
Volume & EV
DER(3)-3.96%
DER(5)-2.42%
Volume511.54K
Volume Incr71.85%
Vol(5)674.85K
Vol(50)352.80K