GLOBAL X MSCI SUPERDIVIDEND (EFAS) Stock Technical Analysis
USA - NASDAQ:EFAS - US37954Y6995 - ETF
19.1823 USD
-0.08 (-0.4%)
19.12 USD
-0.06 (-0.32%)
Overall EFAS gets a technical rating of 9 out of 10. Both in the recent history as in the last year, EFAS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: EFAS has an average volume of 23779 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!
When comparing the yearly performance of all stocks, we notice that EFAS is one of the better performing stocks in the market, outperforming 74% of all stocks.
EFAS 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 EFAS has a been trading in a tight range between 18.45 and 19.44.
Although EFAS 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
13.62
19.54
When analyzing the support we can see 6 important areas.
- A support zone ranging from 18.58 to 19.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.75 from a horizontal line in the daily time frame.
- Support @15.14 from a trend line in the daily time frame.
- Support @14.41 from a trend line in the weekly time frame.
- Support @14.15 from a horizontal line in the weekly time frame.
- A support zone ranging from 13.76 to 13.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.35 to 19.35. 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 EFAS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EFAS is up. |
| ChartMill Relative Strength | 74.24 | POSITIVE | EFAS has a high relative strength, it outperformed 74.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EFAS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFAS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EFAS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.62 | NEUTRAL | The RSI value for EFAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EFAS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.78 | OVERBOUGHT | The high Stochastics value suggests EFAS may be overbought. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for EFAS suggests low volalility. |
| Average Directional Index/ADX (14) | 34.07 | POSITIVE | The high ADX value value for EFAS 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)
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 |
|---|---|---|---|
| 19.36 | 18.50 | 0.86 (4.44%) | 22.51% |
| An entry @19.36. This is a Buy Stop order right above the resistance zone. | An exit @18.50. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.86 points, which is 4.44%. | For a 1.00% total portfolio risk, you can invest 22.51% 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.
19.1823
-0.08 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.4%
1 Week1.2%
2 Weeks3.13%
1 Month0.99%
3 Month8.07%
6 Month20%
12 Month23.36%
2 Year46.15%
3 Year67.68%
5 Year60.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1%
ATR Inc-16.61%
Range Today0.13
ADR(20)0.17
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.24
Mansfield0.68
10 Day High19.34
10 Day Low18.51
20 Day High19.44
20 Day Low18.45
52 Week High19.49
52 Week Low13.32
CS1 End19.03
CR1 Start19.35
Volume & EV
DER(3)-4.24%
DER(5)-3.84%
Volume39.70K
Volume Incr10.78%
Vol(5)24.52K
Vol(50)23.78K