We assign a technical rating of 6 out of 10 to CHAT. In the last year, CHAT was one of the better performers, but we do observe some doubts in the very recent evolution.
CHAT has an average technical rating and it also 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
We found 2 important support areas.
- A support zone ranging from 56.91 to 57.01. 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 59.97 to 60.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.71 to 62.04. 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 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 | DOWN | NEGATIVE | The short term trend for CHAT is down. |
| ChartMill Relative Strength | 84.89 | POSITIVE | CHAT has a high relative strength, it outperformed 84.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHAT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHAT is below a declining 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) | 47.79 | NEUTRAL | The RSI value for CHAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests CHAT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.16 | NEUTRAL | The Stochastics value for CHAT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CHAT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.31 | NEUTRAL | The ADX value for CHAT suggests a possible start of a new trend. |
59.95
+1.85 (+3.18%)
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 6 / 10 to CHAT.
What is the trend direction for 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 47.7874. This indicates that the stock is currently neutral.
What is the short term momentum for ROUNDHILL GEN AI & TECH ETF (CHAT) stock?
The short term momentum for ROUNDHILL GEN AI & TECH ETF (CHAT) is negative.
What are the support and resistance levels for ROUNDHILL GEN AI & TECH ETF (CHAT) stock?
ROUNDHILL GEN AI & TECH ETF (CHAT) has a support level at 57.01 and a resistance level at 59.97. Check the full technical report for our detailed analysis of CHAT support and resistance levels.