YIELDMAX COIN OPTION IS ETF (CONY) Technical Analysis
NYSEARCA:CONY • US88636X8561
Current stock price
CONY Technical Rating and Analysis
Overall CONY gets a technical rating of 1 out of 10. CONY'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.
- 94% of all other stocks performed better in the past year than CONY.
- CONY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CONY has a been trading in the 24.40 - 30.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CONY Weekly and Daily overview Charts
CONY Setup Rating and Analysis
The technical rating of CONY is bad and it also does not present a 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
CONY Support and Resistance Analysis
24.85
We found 2 important support areas.
- Support @26.64 from a trend line in the daily time frame.
- Support @25.10 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 27.73 to 28.15. 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 29.77 to 29.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.45 from a horizontal line in the weekly time frame.
CONY 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 CONY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CONY is down. |
| ChartMill Relative Strength | 6.3 | NEGATIVE | CONY has a low relative strength, it was outperformed by 93.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CONY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CONY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CONY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.4 | NEUTRAL | The RSI value for CONY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CONY has a negative trend. |
| Stochastics (14,3) | 27.25 | NEUTRAL | The Stochastics value for CONY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for CONY suggests high volalility. |
| Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for CONY suggests a weak or negative trend. |
CONY Chart- and CandleStick Pattern Analysis
CONY Technicals: Chart, Performance Metrics, Trend & Indicators
26.67
+0.48 (+1.83%)
YIELDMAX COIN OPTION IS ETF / CONY TA FAQ
What is the technical rating for CONY stock?
ChartMill assigns a technical rating of 1 / 10 to CONY.
Can you provide the trend direction for YIELDMAX COIN OPTION IS ETF?
The current trend direction for YIELDMAX COIN OPTION IS ETF (CONY) is Bearish.
Can you provide the RSI signal for YIELDMAX COIN OPTION IS ETF?
YIELDMAX COIN OPTION IS ETF (CONY) has an RSI value of 45.4021. This indicates that the stock is currently neutral.
What is the MACD signal for YIELDMAX COIN OPTION IS ETF (CONY) stock?
The MACD indicator for YIELDMAX COIN OPTION IS ETF (CONY) has a value of -0.080186, indicating a bearish trend.
What is the short term momentum for YIELDMAX COIN OPTION IS ETF (CONY) stock?
The short term momentum for YIELDMAX COIN OPTION IS ETF (CONY) is negative.