NYSEARCA:COIW - NYSE Arca - US77926X7672 - ETF - Currency: USD
Taking everything into account, COIW scores 6 out of 10 in our technical rating. In the last year, COIW 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.
COIW has an average technical rating and also the quality of the setup is only medium 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.
35.34
We found 2 important support areas.
We found 1 important resistance 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 COIW is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for COIW is up. |
ChartMill Relative Strength | 0 | NEGATIVE | COIW 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 COIW is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of COIW is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 52.16 | NEUTRAL | The RSI value for COIW is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests COIW has a negative trend. |
Stochastics (14,3) | 55.32 | NEUTRAL | The Stochastics value for COIW is a neutral value. |
Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for COIW suggests high volalility. |
Average Directional Index/ADX (14) | 22.24 | NEUTRAL | The ADX value for COIW suggests a possible start of a new trend. |
37.73
-0.47 (-1.23%)