ROUNDHILL GEN AI & TECH ETF (CHAT) Stock Technical Analysis
USA - NYSEARCA:CHAT - US88636J6001 - ETF
62.02 USD
-3.34 (-5.11%)
62.49 USD
+0.47 (+0.76%)
We assign a technical rating of 10 out of 10 to CHAT. 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 90% of all other stocks.
A new 52 week high is currently being made by CHAT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month CHAT has a been trading in the 59.04 - 65.44 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although CHAT has an excellent technical rating, it does not offer a high quality setup 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
62.64
When analyzing the support we can see 4 important areas.
- Support @59.40 from a trend line in the daily time frame.
- A support zone ranging from 57.14 to 57.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @53.27 from a horizontal line in the weekly time frame.
- Support @31.88 from a horizontal line 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 | 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 | 90.75 | POSITIVE | CHAT has a high relative strength, it outperformed 90.75% 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) | 55.92 | NEUTRAL | The RSI value for CHAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CHAT has a negative trend. |
| Stochastics (14,3) | 79.42 | NEUTRAL | The Stochastics value for CHAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for CHAT suggests some volalility. |
| Average Directional Index/ADX (14) | 40.24 | POSITIVE | The high ADX value value for CHAT suggests a strong trend. |
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)
62.02
-3.34 (-5.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.11%
1 Week-1.7%
2 Weeks2.77%
1 Month5.73%
3 Month28.78%
6 Month84.47%
12 Month59.13%
2 Year140.02%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.41
ATR(20)%2.01%
ATR Inc72.36%
Range Today3.53
ADR(20)1.12
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.75
Mansfield2.94
10 Day High65.44
10 Day Low60.88
20 Day High65.44
20 Day Low59.04
52 Week High65.44
52 Week Low28.96
CS1 End59.4
CR1 StartN/A
Volume & EV
DER(3)1.53%
DER(5)0.52%
Volume889.50K
Volume Incr46.82%
Vol(5)664.66K
Vol(50)366.83K