GLOBAL X ROBOTICS & ARTIFICI (BOTZ) Stock Technical Analysis
USA - NASDAQ:BOTZ - US37954Y7159 - ETF
Overall BOTZ gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BOTZ is only an average performer.
Besides having an excellent technical rating, BOTZ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 36.85, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
32.53
We found 3 important support areas.
- A support zone ranging from 36.34 to 36.85. 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 34.53 to 35.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.86 to 33.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 37.74 to 37.74. 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 BOTZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BOTZ is up. |
| ChartMill Relative Strength | 75.14 | POSITIVE | BOTZ has a high relative strength, it outperformed 75.14% off all stocks 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 | POSITIVE | The current price of BOTZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.93 | NEUTRAL | The RSI value for BOTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests BOTZ has a positive trend. |
| Stochastics (14,3) | 81.53 | OVERBOUGHT | The high Stochastics value suggests BOTZ may be overbought. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for BOTZ suggests some volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for BOTZ suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.75 | 36.33 | 1.42 (3.76%) | 25.00% |
| An entry @37.75. This is a Buy Stop order right above the resistance zone. | An exit @36.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.42 points, which is 3.76%. | For a 0.94% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
37.73
+0.37 (+0.99%)
GLOBAL X ROBOTICS & ARTIFICI / BOTZ FAQ
What is the ChartMill technical rating of GLOBAL X ROBOTICS & ARTIFICI (BOTZ) stock?
ChartMill assigns a technical rating of 8 / 10 to BOTZ.
Can you provide the trend direction for GLOBAL X ROBOTICS & ARTIFICI?
The current trend direction for GLOBAL X ROBOTICS & ARTIFICI (BOTZ) is Bullish.
Can you provide the RSI signal for GLOBAL X ROBOTICS & ARTIFICI?
GLOBAL X ROBOTICS & ARTIFICI (BOTZ) has an RSI value of 62.9347. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GLOBAL X ROBOTICS & ARTIFICI?
The MACD indicator for GLOBAL X ROBOTICS & ARTIFICI (BOTZ) has a value of 0.0100536, indicating a bearish trend.
What are the support and resistance levels for GLOBAL X ROBOTICS & ARTIFICI (BOTZ) stock?
GLOBAL X ROBOTICS & ARTIFICI (BOTZ) has a support level at 36.85 and a resistance level at 37.74. Check the full technical report for our detailed analysis of BOTZ support and resistance levels.