GRANITESH 2X LNG COIN ETF-US (CONL) Stock Technical Analysis
NASDAQ:CONL - Nasdaq - US38747R8016 - ETF - Currency: USD
Taking everything into account, CONL scores 5 out of 10 in our technical rating. CONL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month CONL has a been trading in the 30.81 - 72.35 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CONL has an average volume of 7602720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that CONL is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CONL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CONL is lagging the market.
CONL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.64
31.26
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 | NEUTRAL | NEUTRAL | The long term trend for CONL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CONL is down. |
| ChartMill Relative Strength | 89.34 | POSITIVE | CONL has a high relative strength, it outperformed 89.34% 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) | UP | MIXED | The current price of CONL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CONL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.1 | NEUTRAL | The RSI value for CONL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.94 | NEGATIVE | The MACD value suggests CONL has a negative trend. |
| Stochastics (14,3) | 2.97 | OVERSOLD | The low Stochastics value suggests CONL may be oversold. |
| Average True Range in percent/ATR (20) | 19.73 | HIGH VOLATILITY | The high ATR as a percentage value for CONL suggests high volalility. |
| Average Directional Index/ADX (14) | 31.13 | POSITIVE | The high ADX value value for CONL 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)
30.95
-4.48 (-12.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-12.64%
1 Week-38.59%
2 Weeks-48.53%
1 Month-33.95%
3 Month80.05%
6 Month-24.2%
12 Month-4.65%
2 Year173.17%
3 Year126.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.42
ATR(20)%19.73%
ATR Inc-41.08%
Range Today3.39
ADR(20)5.32
ADR(20)%17.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.34
Mansfield-1.49
10 Day High60.2
10 Day Low30.81
20 Day High72.35
20 Day Low30.81
52 Week High73.88
52 Week Low9.21
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-3.86%
DER(5)-3.3%
Volume8.56M
Volume Incr41.38%
Vol(5)8.78M
Vol(50)7.60M