ABERDEEN EMERGING MKTS SMALLER (ETF) Technical Analysis
NYSEARCA:ETF • US00301T1025
Current stock price
ETF Technical Rating and Analysis
Taking everything into account, ETF scores 0 out of 10 in our technical rating. ETF'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.
- 76% of all other stocks performed better in the past year than ETF.
- ETF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ETF is lagging the market.
- Warning: ETF has an average volume of 10590 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ETF has a been trading in the 12.39 - 13.38 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ETF Weekly and Daily overview Charts
ETF Setup Rating and Analysis
Although the technical rating is bad, ETF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.51, a Stop Loss order could be placed below this zone.
More info and screens
ETF Support and Resistance Analysis
12.29
When analyzing the support we notice one important area.
- A support zone ranging from 12.41 to 12.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.80 to 13.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.46 to 13.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
ETF 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 | NEUTRAL | NEUTRAL | The long term trend for ETF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETF is down. |
| ChartMill Relative Strength | 24.11 | NEGATIVE | ETF has a low relative strength, it was outperformed by 75.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.94 | NEUTRAL | The RSI value for ETF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ETF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.79 | NEUTRAL | The Stochastics value for ETF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for ETF suggests low volalility. |
ETF Chart- and CandleStick Pattern Analysis
ETF Technicals: Chart, Performance Metrics, Trend & Indicators
ABERDEEN EMERGING MKTS SMALLER
NYSEARCA:ETF (7/31/2015, 8:26:22 PM)
12.72
+0.14 (+1.11%)
ABERDEEN EMERGING MKTS SMALLER / ETF TA FAQ
What is the technical rating for ETF stock?
ChartMill assigns a technical rating of 0 / 10 to ETF.
Can you provide the trend direction for ABERDEEN EMERGING MKTS SMALLER?
The current trend direction for ABERDEEN EMERGING MKTS SMALLER (ETF) is Bearish.
What is the RSI signal for ABERDEEN EMERGING MKTS SMALLER (ETF) stock?
ABERDEEN EMERGING MKTS SMALLER (ETF) has an RSI value of 46.9367. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ABERDEEN EMERGING MKTS SMALLER?
ABERDEEN EMERGING MKTS SMALLER (ETF) has a support level at 12.51 and a resistance level at 12.8. Check the full technical report for our detailed analysis of ETF support and resistance levels.