SIMPLIFY HIGH YIELD ETF (CDX) Stock Technical Analysis
USA - NYSEARCA:CDX - US82889N8305 - ETF
Taking everything into account, CDX scores 1 out of 10 in our technical rating. CDX'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.
CDX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.94, a Stop Loss order could be placed below this zone.
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21.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.83 to 22.94. 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 21.50 to 21.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.98 to 23.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.95 to 23.95. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CDX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CDX is neutral. |
| ChartMill Relative Strength | 24.89 | NEGATIVE | CDX has a low relative strength, it was outperformed by 75.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CDX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CDX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.03 | NEUTRAL | The RSI value for CDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CDX has a positive trend. |
| Stochastics (14,3) | 57.91 | NEUTRAL | The Stochastics value for CDX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for CDX suggests low volalility. |
| Average Directional Index/ADX (14) | 17.68 | NEGATIVE | The low ADX value for CDX suggests a weak or negative trend. |
NYSEARCA:CDX (9/12/2025, 8:04:01 PM)
22.95
+0.05 (+0.22%)