GRAYSCALE ETHEREUM STAKING M (ETH) Technical Analysis
NYSEARCA:ETH • US38964R2031
Current stock price
ETH Technical Rating and Analysis
Overall ETH gets a technical rating of 1 out of 10. ETH'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 67% of all other stocks performed better in the past year than ETH.
- ETH 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 ETH is lagging the market.
- In the last month ETH has a been trading in the 17.07 - 22.35 range, which is quite wide. It is currently trading near the high of this range.
- ETH has an average volume of 9539050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ETH Weekly and Daily overview Charts
ETH Setup Rating and Analysis
The technical rating of ETH 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
ETH Support and Resistance Analysis
17.44
We found 2 important support areas.
- A support zone ranging from 18.74 to 18.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.62 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 22.00 to 22.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.36 from a trend line in the daily time frame.
- Resistance @24.93 from a trend line in the weekly time frame.
- Resistance @26.13 from a trend line in the daily time frame.
- Resistance @31.66 from a horizontal line in the daily time frame.
ETH 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 ETH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETH is neutral. |
| ChartMill Relative Strength | 33.27 | NEUTRAL | ETH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.2 | NEUTRAL | The RSI value for ETH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests ETH has a positive trend. |
| Stochastics (14,3) | 87.04 | OVERBOUGHT | The high Stochastics value suggests ETH may be overbought. |
| Average True Range in percent/ATR (20) | 4.9 | MEDIUM VOLATILITY | The ATR as a percentage value for ETH suggests some volalility. |
| Average Directional Index/ADX (14) | 22.93 | NEUTRAL | The ADX value for ETH suggests a possible start of a new trend. |
ETH Chart- and CandleStick Pattern Analysis
ETH Technicals: Chart, Performance Metrics, Trend & Indicators
21.99
-0.1 (-0.45%)
GRAYSCALE ETHEREUM STAKING M / ETH TA FAQ
What is the ChartMill technical rating of GRAYSCALE ETHEREUM STAKING M (ETH) stock?
ChartMill assigns a technical rating of 1 / 10 to ETH.
What is the trend direction for ETH stock?
The current trend direction for GRAYSCALE ETHEREUM STAKING M (ETH) is Bearish.
What is the RSI signal for ETH stock?
GRAYSCALE ETHEREUM STAKING M (ETH) has an RSI value of 57.2039. This indicates that the stock is currently neutral.
What is the MACD signal for ETH stock?
The MACD indicator for GRAYSCALE ETHEREUM STAKING M (ETH) has a value of 0.616342, indicating a bearish trend.
What is the short term momentum for ETH stock?
The short term momentum for GRAYSCALE ETHEREUM STAKING M (ETH) is neutral.