Overall CDX gets a technical rating of 0 out of 10. CDX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 72% of all other stocks performed better in the past year than CDX.
- CDX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CDX has a been trading in a tight range between 21.94 and 22.42.
Although the technical rating is bad, CDX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 21.77, a Stop Loss order could be placed below this zone.
More info and screens
21.55
When analyzing the support we notice one important area.
- A support zone ranging from 21.77 to 21.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 22.14 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.
- Resistance @24.89 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for CDX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDX is down. |
| ChartMill Relative Strength | 28.61 | NEGATIVE | CDX has a low relative strength, it was outperformed by 71.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDX is below 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 | NEGATIVE | The current price of CDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.38 | NEUTRAL | The RSI value for CDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CDX has a negative trend. |
| Stochastics (14,3) | 6.94 | OVERSOLD | The low Stochastics value suggests CDX may be oversold. |
| 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) | 24.31 | NEUTRAL | The ADX value for CDX suggests a possible start of a new trend. |
NYSEARCA:CDX (2/6/2026, 8:22:30 PM)
21.94
-0.1 (-0.45%)
SIMPLIFY HIGH YIELD ETF / CDX FAQ
What is the technical rating for CDX stock?
ChartMill assigns a technical rating of 0 / 10 to CDX.
Can you provide the trend direction for SIMPLIFY HIGH YIELD ETF?
The current trend direction for SIMPLIFY HIGH YIELD ETF (CDX) is Bearish.
Can you provide the RSI signal for SIMPLIFY HIGH YIELD ETF?
SIMPLIFY HIGH YIELD ETF (CDX) has an RSI value of 32.3795. This indicates that the stock is currently neutral.
What is the short term momentum for CDX stock?
The short term momentum for SIMPLIFY HIGH YIELD ETF (CDX) is negative.
What is the buy/sell signal for CDX stock?
The buy/sell signal for SIMPLIFY HIGH YIELD ETF (CDX) is sell as both the short term and long term trends are negative.