NASDAQ:BNDX - Nasdaq - US92203J4076 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to BNDX. BNDX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
BNDX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 49.24, a Stop Loss order could be placed below this zone.
47.01
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for BNDX is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BNDX is down. |
ChartMill Relative Strength | 31.8 | NEUTRAL | BNDX is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BNDX is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of BNDX is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BNDX is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.19 | NEUTRAL | The RSI value for BNDX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BNDX has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 39.32 | NEUTRAL | The Stochastics value for BNDX is a neutral value. |
Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for BNDX suggests low volalility. |
Average Directional Index/ADX (14) | 10.12 | NEGATIVE | The low ADX value for BNDX suggests a weak or negative trend. |
49.25
+0.11 (+0.22%)