ABERDEEN CHILE FD INC (CH) Stock Technical Analysis
USA - NYSEARCA:CH - US00301W1053
9.15
-0.07 (-0.76%)
We assign a technical rating of 7 out of 10 to CH. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: CH has an average volume of 21502 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CH is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by CH over the past year are nicely spread over this period.
CH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CH is lagging the market slightly.
In the last month CH has a been trading in a tight range between 8.91 and 9.40.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, CH also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.13, a Stop Loss order could be placed below this zone. 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
8.40
9.65
3 important support areas can be observed.
- A support zone ranging from 8.97 to 9.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.74 from a horizontal line in the weekly time frame.
- A support zone ranging from 8.48 to 8.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.19 to 9.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.55 to 9.55. 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 CH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CH is neutral. |
| ChartMill Relative Strength | 74.94 | POSITIVE | CH has a high relative strength, it outperformed 74.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.4 | NEUTRAL | The RSI value for CH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CH has a negative trend. |
| Stochastics (14,3) | 43.33 | NEUTRAL | The Stochastics value for CH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for CH suggests low volalility. |
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)
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 |
|---|---|---|---|
| 9.24 | 9.05 | 0.19 (2.02%) | 25.00% |
| An entry @9.24. This is a Buy Stop order right above the 10 day moving average. | An exit @9.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 2.02%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
- The distance between exit and entry is rather small compared to the average daily movement of CH. Please evaluate whether better entry and exit points can be found.
- 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.
NYSEARCA:CH (4/27/2018, 8:36:48 PM)
9.15
-0.07 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.76%
1 Week0%
2 Weeks-1.99%
1 Month1.27%
3 Month-4.09%
6 Month3.51%
12 Month29.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.38%
ATR Inc-9.19%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.94
Mansfield0.56
10 Day High9.4
10 Day Low9.06
20 Day High9.4
20 Day Low8.91
52 Week High9.64
52 Week Low6.85
CS1 End9.13
CR1 Start9.19
Volume & EV
DER(3)-1.25%
DER(5)0.47%
Volume16.70K
Volume Incr61.16%
Vol(5)37.14K
Vol(50)21.50K