FT SKYBR CRYPT & DIG ECON (CRPT) Stock Technical Analysis
USA - NYSEARCA:CRPT - US33740F5402 - ETF
23.17 USD
+0.42 (+1.85%)
22.0347 USD
-1.14 (-4.9%)
Overall CRPT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRPT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
CRPT 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 CRPT is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that CRPT is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month CRPT has a been trading in the 20.31 - 24.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CRPT has an excellent technical rating, the quality of the presented setup is not ideal 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
13.86
25.47
We found 4 important support areas.
- A support zone ranging from 21.64 to 22.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.35 to 20.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 19.92 to 19.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.00 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.95 to 25.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CRPT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRPT is up. |
| ChartMill Relative Strength | 84.63 | POSITIVE | CRPT has a high relative strength, it outperformed 84.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRPT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.71 | NEUTRAL | The RSI value for CRPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CRPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.69 | NEUTRAL | The Stochastics value for CRPT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for CRPT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.58 | NEGATIVE | The low ADX value for CRPT suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.61 | 21.82 | 1.80 (7.61%) | 13.14% |
| An entry @23.61. This is a Buy Stop order right above the 10 day moving average. | An exit @21.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.80 points, which is 7.61%. | For a 1.00% total portfolio risk, you can invest 13.14% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
23.17
+0.42 (+1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.85%
1 Week-5.54%
2 Weeks5.13%
1 Month7.87%
3 Month-7.13%
6 Month80.59%
12 Month54.47%
2 Year329.85%
3 Year308.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.95
ATR(20)%3.84%
ATR Inc56.69%
Range Today0.67
ADR(20)0.84
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.63
Mansfield1.13
10 Day High24.84
10 Day Low21.83
20 Day High24.84
20 Day Low20.31
52 Week High25.9
52 Week Low10.51
CS1 End22.04
CR1 Start24.95
Volume & EV
DER(3)4.64%
DER(5)2.34%
Volume54.00K
Volume Incr9.56%
Vol(5)68.24K
Vol(50)65.12K