Overall ETF gets a technical rating of 0 out of 10. 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.
ETF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.51, a Stop Loss order could be placed below this zone.
12.29
When analyzing the support we notice one important area.
When analyzing the resistance we notice 2 important areas.
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. |
ABERDEEN EMERGING MKTS SMALLER
NYSEARCA:ETF (7/31/2015, 8:26:22 PM)
12.72
+0.14 (+1.11%)
ChartMill assigns a technical rating of 0 / 10 to ETF.
The current trend direction for ABERDEEN EMERGING MKTS SMALLER (ETF) is Bearish.
ABERDEEN EMERGING MKTS SMALLER (ETF) has an RSI value of 46.9367. This indicates that the stock is currently neutral.
The short term momentum for ABERDEEN EMERGING MKTS SMALLER (ETF) is negative.
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.