E*Trade Finl Corp (ETFC) Stock Technical Analysis
USA - NASDAQ:ETFC -
We assign a technical rating of 2 out of 10 to ETFC. ETFC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The technical rating of ETFC 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.
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47.53
When analyzing the support we notice one important area.
- A support zone ranging from 48.01 to 48.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 50.47 to 51.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.66 to 55.10. 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 ETFC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETFC is down. |
| ChartMill Relative Strength | 77.17 | POSITIVE | ETFC has a high relative strength, it outperformed 77.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETFC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETFC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.47 | NEUTRAL | The RSI value for ETFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests ETFC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.13 | NEUTRAL | The Stochastics value for ETFC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ETFC suggests some volalility. |
49.26
-0.79 (-1.58%)
E*Trade Finl Corp / ETFC FAQ
What is the technical rating for ETFC stock?
ChartMill assigns a technical rating of 2 / 10 to ETFC.
What is the current trend direction of E*Trade Finl Corp (ETFC) stock?
The current trend direction for E*Trade Finl Corp (ETFC) is Bullish.
Can you provide the RSI signal for E*Trade Finl Corp?
E*Trade Finl Corp (ETFC) has an RSI value of 41.4705. This indicates that the stock is currently neutral.
What is the short term momentum for E*Trade Finl Corp (ETFC) stock?
The short term momentum for E*Trade Finl Corp (ETFC) is negative.
Can you provide the support and resistance levels for E*Trade Finl Corp?
E*Trade Finl Corp (ETFC) has a support level at 48.99 and a resistance level at 50.47. Check the full technical report for our detailed analysis of ETFC support and resistance levels.