GLOBAL X ROBOTICS & ARTIFICI (BOTZ) Stock Technical Analysis
NASDAQ:BOTZ - Nasdaq - US37954Y7159 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to BOTZ. In the past year, BOTZ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, BOTZ is a bad performer in the overall market: 64% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BOTZ is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BOTZ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BOTZ is lagging the market slightly.
BOTZ has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
25.40
34.89
2 important support areas can be observed.
- Support @26.17 from a horizontal line in the daily time frame.
- Support @25.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 30.79 to 30.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @31.87 from a horizontal line in the daily time frame.
- Resistance @33.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 34.50 to 34.54. 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 | NEUTRAL | NEUTRAL | The long term trend for BOTZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BOTZ is up. |
| ChartMill Relative Strength | 36.47 | NEUTRAL | BOTZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BOTZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BOTZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BOTZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.37 | NEUTRAL | The RSI value for BOTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests BOTZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.04 | OVERBOUGHT | The high Stochastics value suggests BOTZ may be overbought. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for BOTZ suggests low volalility. |
| Average Directional Index/ADX (14) | 19.08 | NEGATIVE | The low ADX value for BOTZ suggests a weak or negative 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)
30.75
+0.09 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.29%
1 Week-0.97%
2 Weeks4.27%
1 Month9.24%
3 Month-8.56%
6 Month-7.96%
12 Month-2.47%
2 Year12.72%
3 Year28.93%
5 Year32.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.6%
ATR Inc19.33%
Range Today0.45
ADR(20)0.39
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.47
Mansfield-0.39
10 Day High31.37
10 Day Low29.24
20 Day High31.37
20 Day Low27.97
52 Week High34.86
52 Week Low23.82
CS1 End26.17
CR1 Start30.79
Volume & EV
DER(3)-3.36%
DER(5)-1.67%
Volume397.10K
Volume Incr-5.21%
Vol(5)474.98K
Vol(50)639.28K