GRAYSCALE ETHERM MINI TR ETF (ETH) Stock Technical Analysis
NYSEARCA:ETH - NYSE Arca - US38964R2031 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to ETH. In the last year, ETH was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than ETH.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ETH has an average volume of 2062690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ETH has a been trading in the 20.62 - 27.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, ETH 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 22.73, a Stop Loss order could be placed below this zone.
More info and screens
19.81
26.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.64 to 22.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.81 to 22.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.01 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 23.72 to 23.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @24.44 from a horizontal line in the weekly time frame.
- Resistance @25.26 from a trend line in the daily time frame.
- Resistance @25.92 from a horizontal line in the daily time frame.
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 ETH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ETH is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ETH 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 ETH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.02 | NEUTRAL | The RSI value for ETH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests ETH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.07 | NEUTRAL | The Stochastics value for ETH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for ETH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.02 | NEGATIVE | The low ADX value for ETH suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:ETH (7/2/2025, 10:41:06 AM)
23.24
+0.59 (+2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.6%
1 Week-1.31%
2 Weeks-9.69%
1 Month-5.11%
3 Month32.84%
6 Month-33.32%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.22
ATR(20)%5.26%
ATR Inc-18.87%
Range Today0.28
ADR(20)0.81
ADR(20)%3.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High24.2
10 Day Low20.62
20 Day High27.14
20 Day Low20.62
52 Week HighN/A
52 Week LowN/A
CS1 End22.73
CR1 Start22.96
Volume & EV
DER(3)1.06%
DER(5)-0.82%
Volume306.58K
Volume Incr-25.07%
Vol(5)1.55M
Vol(50)2.06M