Taking everything into account, CETH scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CETH is showing a nice and steady performance.
Although CETH has an excellent technical rating, it does not present a decent entry opportunity 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.
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15.24
We found 3 important support areas.
- A support zone ranging from 22.05 to 22.19. 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 20.68 to 20.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @15.39 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.16 to 24.16. 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 CETH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CETH is up. |
| ChartMill Relative Strength | 95.13 | POSITIVE | CETH has a high relative strength, it outperformed 95.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CETH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CETH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CETH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.42 | NEUTRAL | The RSI value for CETH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CETH has a negative trend. |
| Stochastics (14,3) | 70.42 | NEUTRAL | The Stochastics value for CETH is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | HIGH VOLATILITY | The high ATR as a percentage value for CETH suggests high volalility. |
| Average Directional Index/ADX (14) | 40.63 | POSITIVE | The high ADX value value for CETH suggests a strong trend. |
22.81
-0.17 (-0.74%)
21SHARES CORE ETHEREUM ETF / CETH FAQ
What is the technical rating for CETH stock?
ChartMill assigns a technical rating of 10 / 10 to CETH.
What is the trend direction for CETH stock?
The current trend direction for 21SHARES CORE ETHEREUM ETF (CETH) is Bullish.
Can you provide the RSI signal for 21SHARES CORE ETHEREUM ETF?
21SHARES CORE ETHEREUM ETF (CETH) has an RSI value of 60.4235. This indicates that the stock is currently neutral.
What is the short term momentum for CETH stock?
The short term momentum for 21SHARES CORE ETHEREUM ETF (CETH) is positive.
What are the support and resistance levels for 21SHARES CORE ETHEREUM ETF (CETH) stock?
21SHARES CORE ETHEREUM ETF (CETH) has a support level at 22.19 and a resistance level at 24.16. Check the full technical report for our detailed analysis of CETH support and resistance levels.