Taking everything into account, EFIV scores 6 out of 10 in our technical rating. Although EFIV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- EFIV 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.
- When compared to the yearly performance of all other stocks, EFIV outperforms 68% of them, which is more or less in line with the market.
- In the last month EFIV has a been trading in a tight range between 65.57 and 67.88.
EFIV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 66.50, 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
47.39
3 important support areas can be observed.
- A support zone ranging from 66.06 to 66.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.10 to 64.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.87 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 67.09 to 67.77. This zone is formed by a combination of multiple trend lines and important moving averages 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 EFIV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EFIV is neutral. |
| ChartMill Relative Strength | 68.4 | NEUTRAL | EFIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EFIV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFIV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EFIV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.2 | NEUTRAL | The RSI value for EFIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EFIV has a negative trend. |
| Stochastics (14,3) | 76.23 | NEUTRAL | The Stochastics value for EFIV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for EFIV suggests low volalility. |
| Average Directional Index/ADX (14) | 10.04 | NEGATIVE | The low ADX value for EFIV suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 67.78 | 66.69 | 1.09 (1.61%) | 25.00% |
| An entry @67.78. This is a Buy Stop order right above the resistance zone. | An exit @66.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.09 points, which is 1.61%. | For a 0.40% total portfolio risk, you can invest 25.00% 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.
67.09
-0.05 (-0.07%)
SS SPDR S&P 500 ESG ETF / EFIV FAQ
Can you provide the ChartMill technical rating for SS SPDR S&P 500 ESG ETF?
ChartMill assigns a technical rating of 6 / 10 to EFIV.
What is the current trend direction of SS SPDR S&P 500 ESG ETF (EFIV) stock?
The current trend direction for SS SPDR S&P 500 ESG ETF (EFIV) is Bullish.
Can you provide the RSI signal for SS SPDR S&P 500 ESG ETF?
SS SPDR S&P 500 ESG ETF (EFIV) has an RSI value of 52.2048. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SS SPDR S&P 500 ESG ETF?
The MACD indicator for SS SPDR S&P 500 ESG ETF (EFIV) has a value of -0.0253381, indicating a bearish trend.
Can you provide the short term momentum for SS SPDR S&P 500 ESG ETF?
The short term momentum for SS SPDR S&P 500 ESG ETF (EFIV) is neutral.