ROUNDHILL GEN AI & TECH ETF (CHAT) Stock Technical Analysis
NYSEARCA:CHAT • US88636J6001
Overall CHAT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CHAT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CHAT did better than 87% of all other stocks. On top of that, CHAT also shows a nice and consistent pattern of rising prices.
- CHAT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CHAT has a been trading in the 57.66 - 66.84 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CHAT 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.
More info and screens
31.56
When analyzing the support we can see 4 important areas.
- A support zone ranging from 61.35 to 63.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.96 to 59.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 56.91 to 57.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.88 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 67.03 to 67.99. 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 CHAT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHAT is up. |
| ChartMill Relative Strength | 87.86 | POSITIVE | CHAT has a high relative strength, it outperformed 87.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHAT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.72 | NEUTRAL | The RSI value for CHAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests CHAT has a positive trend. |
| Stochastics (14,3) | 92.73 | OVERBOUGHT | The high Stochastics value suggests CHAT may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for CHAT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.45 | NEGATIVE | The low ADX value for CHAT suggests a weak or negative trend. |
66.31
+1.92 (+2.98%)
ROUNDHILL GEN AI & TECH ETF / CHAT FAQ
What is the ChartMill technical rating of ROUNDHILL GEN AI & TECH ETF (CHAT) stock?
ChartMill assigns a technical rating of 10 / 10 to CHAT.
What is the current trend direction of ROUNDHILL GEN AI & TECH ETF (CHAT) stock?
The current trend direction for ROUNDHILL GEN AI & TECH ETF (CHAT) is Bullish.
Can you provide the RSI signal for ROUNDHILL GEN AI & TECH ETF?
ROUNDHILL GEN AI & TECH ETF (CHAT) has an RSI value of 66.7237. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ROUNDHILL GEN AI & TECH ETF?
The MACD indicator for ROUNDHILL GEN AI & TECH ETF (CHAT) has a value of 0.39427, indicating a bearish trend.
What is the buy/sell signal for CHAT stock?
The buy/sell signal for ROUNDHILL GEN AI & TECH ETF (CHAT) is buy as both the short term and long term trends are positive.