IQ Global Agribusiness Smallcap ETF (CROP) Technical Analysis
NYSEARCA:CROP
Current stock price
CROP Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CROP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CROP is only an average performer.
- Warning: CROP has an average volume of 1390 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- CROP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month CROP has a been trading in the 29.95 - 32.47 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, CROP outperforms 51% of them, which is more or less in line with the market.
- Volume is considerably higher in the last couple of days.
CROP Weekly and Daily overview Charts
CROP Setup Rating and Analysis
Although CROP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CROP Support and Resistance Analysis
29.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.41 to 31.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.46 to 29.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @32.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 33.43 to 33.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
CROP 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 | UP | POSITIVE | The long term trend for CROP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CROP is up. |
| ChartMill Relative Strength | 51.85 | NEUTRAL | CROP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CROP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CROP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CROP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.56 | NEUTRAL | The RSI value for CROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CROP has a positive trend. |
| Stochastics (14,3) | 94.75 | OVERBOUGHT | The high Stochastics value suggests CROP may be overbought. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for CROP suggests low volalility. |
CROP Chart- and CandleStick Pattern Analysis
CROP Technicals: Chart, Performance Metrics, Trend & Indicators
IQ Global Agribusiness Smallcap ETF
NYSEARCA:CROP (8/5/2020, 8:04:02 PM)
32.2293
+0.17 (+0.54%)
IQ Global Agribusiness Smallcap ETF / CROP TA FAQ
What is the ChartMill technical rating of IQ Global Agribusiness Smallcap ETF (CROP) stock?
ChartMill assigns a technical rating of 8 / 10 to CROP.
Can you provide the trend direction for IQ Global Agribusiness Smallcap ETF?
The current trend direction for IQ Global Agribusiness Smallcap ETF (CROP) is Bullish.
What is the RSI signal for IQ Global Agribusiness Smallcap ETF (CROP) stock?
IQ Global Agribusiness Smallcap ETF (CROP) has an RSI value of 68.56. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for IQ Global Agribusiness Smallcap ETF?
The buy/sell signal for IQ Global Agribusiness Smallcap ETF (CROP) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for IQ Global Agribusiness Smallcap ETF?
IQ Global Agribusiness Smallcap ETF (CROP) has a support level at 31.76 and a resistance level at 32.61. Check the full technical report for our detailed analysis of CROP support and resistance levels.