AMPLIFY TRNSFRM DATA SHR ETF (BLOK) Stock Technical Analysis
USA - NYSEARCA:BLOK - US0321086078 - ETF
66.92 USD
+0.7 (+1.06%)
66.92 USD
0 (0%)
Taking everything into account, BLOK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BLOK is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BLOK did better than 90% of all other stocks. On top of that, BLOK also shows a nice and consistent pattern of rising prices.
BLOK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BLOK has a been trading in the 57.26 - 68.13 range, which is quite wide. It is currently trading near the high of this range.
Although BLOK has an excellent technical rating, it does not offer a high quality setup 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
35.73
67.59
6 important support areas can be observed.
- A support zone ranging from 61.97 to 62.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 59.78 to 60.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.46 to 57.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @56.05 from a horizontal line in the daily time frame.
- Support @37.20 from a trend line in the weekly time frame.
- Support @36.09 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for BLOK is up. |
| ChartMill Relative Strength | 90.99 | POSITIVE | BLOK has a high relative strength, it outperformed 90.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BLOK is above the rising 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) | 73.63 | OVERBOUGHT | The high RSI value suggests BLOK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests BLOK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90 | OVERBOUGHT | The high Stochastics value suggests BLOK may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for BLOK suggests some volalility. |
| Average Directional Index/ADX (14) | 24.57 | 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)
66.92
+0.7 (+1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.06%
1 Week2.32%
2 Weeks6.65%
1 Month11.85%
3 Month21.06%
6 Month78.69%
12 Month74.73%
2 Year235.77%
3 Year261.73%
5 Year173.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.62
ATR(20)%2.22%
ATR Inc21.79%
Range Today1.49
ADR(20)1.4
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.99
Mansfield2.44
10 Day High68.13
10 Day Low62.45
20 Day High68.13
20 Day Low57.26
52 Week High68.13
52 Week Low31.32
CS1 End62.71
CR1 StartN/A
Volume & EV
DER(3)-2.09%
DER(5)-2.45%
Volume354.90K
Volume Incr-14.73%
Vol(5)270.40K
Vol(50)373.29K