GLOBAL X MSCI SUPERDIVIDEND (EFAS) Stock Technical Analysis
USA - NASDAQ:EFAS - US37954Y6995 - ETF
18.35 USD
-0.13 (-0.7%)
18.35 USD
0 (0%)
Taking everything into account, EFAS scores 4 out of 10 in our technical rating. In the last year, EFAS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Warning: EFAS has an average volume of 23189 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, EFAS did better than 75% of all other stocks.
EFAS 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 EFAS is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month EFAS has a been trading in a tight range between 18.27 and 19.34.
EFAS has an average technical rating and it also does not offer a high 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
13.62
19.54
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.20 to 18.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.75 from a horizontal line in the daily time frame.
- Support @14.15 from a horizontal line in the weekly time frame.
- Support @13.76 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.59 to 18.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.34 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 | DOWN | NEGATIVE | The short term trend for EFAS is down. |
| ChartMill Relative Strength | 75.14 | POSITIVE | EFAS has a high relative strength, it outperformed 75.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EFAS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EFAS is below 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) | 32.17 | NEUTRAL | The RSI value for EFAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests EFAS has a negative trend. |
| Stochastics (14,3) | 10.3 | OVERSOLD | The low Stochastics value suggests EFAS may be oversold. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for EFAS suggests low volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for EFAS 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)
18.35
-0.13 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.7%
1 Week-2.32%
2 Weeks-3.07%
1 Month-4.2%
3 Month1.49%
6 Month20.49%
12 Month21.04%
2 Year43.7%
3 Year54.2%
5 Year60.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.99%
ATR Inc114.39%
Range Today0.3
ADR(20)0.17
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.14
Mansfield0.28
10 Day High19
10 Day Low18.27
20 Day High19.34
20 Day Low18.27
52 Week High19.49
52 Week Low13.32
CS1 End18.34
CR1 Start18.59
Volume & EV
DER(3)-2.52%
DER(5)0.24%
Volume28.80K
Volume Incr6.65%
Vol(5)25.20K
Vol(50)23.19K