NYSEARCA:CHPY - NYSE Arca - US88636R6936 - ETF - Currency: USD
Overall CHPY gets a technical rating of 6 out of 10. In the last year, CHPY was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
CHPY has only a medium technical rating, but it does show 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 54.92, a Stop Loss order could be placed below this zone.
49.63
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 CHPY is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHPY is up. |
ChartMill Relative Strength | 0 | NEGATIVE | CHPY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHPY is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHPY is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 62.79 | NEUTRAL | The RSI value for CHPY is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests CHPY has a negative trend. |
Stochastics (14,3) | 79.48 | NEUTRAL | The Stochastics value for CHPY is a neutral value. |
Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for CHPY suggests low volalility. |
Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for CHPY suggests a strong trend. |
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 |
---|---|---|---|
55.41 | 54.29 | 1.12 (2.02%) | 25.00% |
An entry @55.41. This is a Buy Stop order right above the resistance zone. | An exit @54.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.12 points, which is 2.02%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
55.1805
-0.17 (-0.3%)