NYSE Pickens Oil Response ETF (BOON) Technical Analysis
NYSEARCA:BOON
Current stock price
BOON Technical Rating and Analysis
Overall BOON gets a technical rating of 0 out of 10. BOON'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BOON is a bad performer in the overall market: 75% of all stocks are doing better.
- BOON is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BOON is lagging the market.
- In the last month BOON has a been trading in the 19.38 - 21.91 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: BOON has an average volume of 736 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BOON Weekly and Daily overview Charts
BOON Setup Rating and Analysis
The technical rating of BOON is bad and it also does not present a 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
BOON Support and Resistance Analysis
19.43
2 important resistance areas can be observed.
- A resistance zone ranging from 20.80 to 21.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.12 to 22.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
BOON Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for BOON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOON is down. |
| ChartMill Relative Strength | 25.34 | NEGATIVE | BOON has a low relative strength, it was outperformed by 74.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.66 | NEUTRAL | The RSI value for BOON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests BOON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.62 | OVERSOLD | The low Stochastics value suggests BOON may be oversold. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for BOON suggests low volalility. |
BOON Chart- and CandleStick Pattern Analysis
BOON Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:BOON (8/13/2019, 8:16:43 PM)
19.6252
+0.24 (+1.25%)
NYSE Pickens Oil Response ETF / BOON TA FAQ
Can you provide the ChartMill technical rating for NYSE Pickens Oil Response ETF?
ChartMill assigns a technical rating of 0 / 10 to BOON.
Can you provide the trend direction for NYSE Pickens Oil Response ETF?
The current trend direction for NYSE Pickens Oil Response ETF (BOON) is Bearish.
What is the RSI signal for BOON stock?
NYSE Pickens Oil Response ETF (BOON) has an RSI value of 33.6583. This indicates that the stock is currently neutral.
What is the MACD signal for BOON stock?
The MACD indicator for NYSE Pickens Oil Response ETF (BOON) has a value of -0.166253, indicating a bearish trend.
What are the support and resistance levels for NYSE Pickens Oil Response ETF (BOON) stock?
NYSE Pickens Oil Response ETF (BOON) has a resistance level at 20.8. Check the full technical report for our detailed analysis of BOON support and resistance levels.