IQ REAL RETURN ETF (CPI) Stock Technical Analysis
NYSEARCA:CPI - NYSE Arca - US45409B6020 - ETF - Currency: USD
Overall CPI gets a technical rating of 5 out of 10. CPI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
64% of all other stocks performed better in the past year than CPI.
Warning: CPI has an average volume of 624 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
CPI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CPI is lagging the market slightly.
In the last month CPI has a been trading in a tight range between 25.35 and 25.72.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CPI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.67
26.81
2 important support areas can be observed.
- A support zone ranging from 24.62 to 25.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.91 to 23.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.78 to 25.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.54 from a horizontal line in the weekly time frame.
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 CPI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPI is up. |
| ChartMill Relative Strength | 36.76 | NEUTRAL | CPI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.12 | NEUTRAL | The RSI value for CPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CPI has a negative trend. |
| Stochastics (14,3) | 58.99 | NEUTRAL | The Stochastics value for CPI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for CPI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.27 | NEUTRAL | The ADX value for CPI suggests a possible start of a new 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)
NYSEARCA:CPI (12/12/2023, 8:04:03 PM)
25.6047
0 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week0.06%
2 Weeks0%
1 Month1.61%
3 Month0.06%
6 Month0.78%
12 Month2.89%
2 Year-7.05%
3 Year-6.2%
5 Year-3.78%
10 Year-0.87%
15 Year44.25%
Volatility
ATR(14)0.07
ATR(20)%0.3%
ATR Inc-60.81%
Range Today0.04
ADR(20)0.03
ADR(20)%0.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.76
Mansfield-0.73
10 Day High25.72
10 Day Low25.47
20 Day High25.72
20 Day Low25.35
52 Week High25.8
52 Week Low24.07
CS1 End25.6
CR1 Start25.78
Volume & EV
DER(3)0%
DER(5)0%
Volume500
Volume Incr-45.71%
Vol(5)380
Vol(50)624