ROUNDHILL GEN AI & TECH ETF (CHAT) Stock Technical Analysis
NYSEARCA:CHAT - NYSE Arca - US88636J6001 - ETF - Currency: USD
Taking everything into account, CHAT scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CHAT did better than 85% of all other stocks.
CHAT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CHAT is leading the market.
In the last month CHAT has a been trading in the 40.85 - 45.75 range, which is quite wide. It is currently trading near the high of this range.
Although CHAT has an excellent technical rating, the quality of the presented setup is not ideal 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
31.55
45.29
When analyzing the support we can see 2 important areas.
- A support zone ranging from 41.47 to 41.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.87 to 31.88. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @44.84 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 | 85.62 | POSITIVE | CHAT has a high relative strength, it outperformed 85.62% 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) | 68.15 | NEUTRAL | The RSI value for CHAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CHAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.21 | OVERBOUGHT | The high Stochastics value suggests CHAT may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for CHAT suggests some volalility. |
| Average Directional Index/ADX (14) | 34.29 | 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)
44.83
-0.78 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.71%
1 Week1.11%
2 Weeks7.35%
1 Month8.68%
3 Month19.61%
6 Month6.46%
12 Month20.84%
2 Year55.77%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%2.02%
ATR Inc-27.08%
Range Today0.76
ADR(20)0.79
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.62
Mansfield1.18
10 Day High45.75
10 Day Low41.54
20 Day High45.75
20 Day Low40.85
52 Week High45.75
52 Week Low28.96
CS1 End41.47
CR1 Start44.84
Volume & EV
DER(3)-0.32%
DER(5)-0.17%
Volume68.50K
Volume Incr31%
Vol(5)94.74K
Vol(50)74.20K