GRANITESH 2X LNG COIN ETF-US (CONL) Technical Analysis
NASDAQ:CONL • US38747R8016
Current stock price
CONL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CONL. CONL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 96% of all other stocks performed better in the past year than CONL.
- CONL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CONL is lagging the market.
- In the last month CONL has a been trading in the 5.81 - 10.83 range, which is quite wide. It is currently trading near the lows of this range.
- CONL has an average volume of 17943100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CONL Weekly and Daily overview Charts
CONL Setup Rating and Analysis
CONL has a poor technical rating and the quality of the setup is also not perfect 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
CONL Support and Resistance Analysis
5.93
We found 1 important support area.
- A support zone ranging from 5.99 to 6.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @8.23 from a trend line in the daily time frame.
- A resistance zone ranging from 10.50 to 10.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CONL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for CONL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CONL is down. |
| ChartMill Relative Strength | 4.88 | NEGATIVE | CONL has a low relative strength, it was outperformed by 95.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CONL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CONL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CONL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.61 | NEUTRAL | The RSI value for CONL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests CONL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.18 | NEUTRAL | The Stochastics value for CONL is a neutral value. |
| Average True Range in percent/ATR (20) | 14.8 | HIGH VOLATILITY | The high ATR as a percentage value for CONL suggests high volalility. |
| Average Directional Index/ADX (14) | 21.5 | NEUTRAL | The ADX value for CONL suggests a possible start of a new trend. |
CONL Chart- and CandleStick Pattern Analysis
CONL Technicals: Chart, Performance Metrics, Trend & Indicators
6.74
-0.14 (-2.03%)
GRANITESH 2X LNG COIN ETF-US / CONL TA FAQ
What is the technical rating for CONL stock?
ChartMill assigns a technical rating of 0 / 10 to CONL.
Can you provide the trend direction for GRANITESH 2X LNG COIN ETF-US?
The current trend direction for GRANITESH 2X LNG COIN ETF-US (CONL) is Bearish.
Can you provide the RSI signal for GRANITESH 2X LNG COIN ETF-US?
GRANITESH 2X LNG COIN ETF-US (CONL) has an RSI value of 39.6052. This indicates that the stock is currently neutral.
What is the MACD signal for GRANITESH 2X LNG COIN ETF-US (CONL) stock?
The MACD indicator for GRANITESH 2X LNG COIN ETF-US (CONL) has a value of -0.203631, indicating a bearish trend.
What is the short term momentum for GRANITESH 2X LNG COIN ETF-US (CONL) stock?
The short term momentum for GRANITESH 2X LNG COIN ETF-US (CONL) is negative.