VanEck Ethereum Strategy ETF (EFUT) Technical Analysis
NYSEARCA:EFUT • US92189H6980
Current stock price
EFUT Technical Rating and Analysis
Overall EFUT gets a technical rating of 0 out of 10. EFUT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, EFUT is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month EFUT has a been trading in the 19.10 - 22.70 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: EFUT has an average volume of 21196 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
EFUT Weekly and Daily overview Charts
EFUT Setup Rating and Analysis
The technical rating of EFUT is bad and it also does not present a 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
EFUT Support and Resistance Analysis
19.07
We found 1 important support area.
- A support zone ranging from 19.26 to 19.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- Resistance @19.72 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.50 to 20.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.41 from a trend line in the daily time frame.
- Resistance @26.89 from a trend line in the weekly time frame.
- Resistance @27.84 from a trend line in the daily time frame.
- Resistance @29.07 from a horizontal line in the daily time frame.
EFUT 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 | DOWN | NEGATIVE | The long term trend for EFUT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EFUT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | EFUT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EFUT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EFUT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EFUT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.06 | NEUTRAL | The RSI value for EFUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EFUT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.92 | NEUTRAL | The Stochastics value for EFUT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for EFUT suggests some volalility. |
| Average Directional Index/ADX (14) | 40.81 | POSITIVE | The high ADX value value for EFUT suggests a strong trend. |
EFUT Chart- and CandleStick Pattern Analysis
EFUT Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:EFUT (9/16/2024, 8:07:56 PM)
19.63
-0.87 (-4.24%)
VanEck Ethereum Strategy ETF / EFUT TA FAQ
What is the ChartMill technical rating of VanEck Ethereum Strategy ETF (EFUT) stock?
ChartMill assigns a technical rating of 0 / 10 to EFUT.
What is the current trend direction of VanEck Ethereum Strategy ETF (EFUT) stock?
The current trend direction for VanEck Ethereum Strategy ETF (EFUT) is Bearish.
What is the RSI signal for EFUT stock?
VanEck Ethereum Strategy ETF (EFUT) has an RSI value of 37.0591. This indicates that the stock is currently neutral.
What is the MACD signal for VanEck Ethereum Strategy ETF (EFUT) stock?
The MACD indicator for VanEck Ethereum Strategy ETF (EFUT) has a value of 0.053562, indicating a bearish trend.
What is the short term momentum for EFUT stock?
The short term momentum for VanEck Ethereum Strategy ETF (EFUT) is negative.