We assign a technical rating of 0 out of 10 to ETHA. ETHA'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.
ETHA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 22.36, a Stop Loss order could be placed below this zone.
20.49
3 important support areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for ETHA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETHA is down. |
| ChartMill Relative Strength | 13.81 | NEGATIVE | ETHA has a low relative strength, it was outperformed by 86.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETHA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETHA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ETHA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.91 | NEUTRAL | The RSI value for ETHA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ETHA has a positive trend. |
| Stochastics (14,3) | 29.75 | NEUTRAL | The Stochastics value for ETHA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for ETHA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.34 | NEUTRAL | The ADX value for ETHA suggests a possible start of a new trend. |
22.43
+0.1 (+0.45%)
ChartMill assigns a technical rating of 0 / 10 to ETHA.
The current trend direction for ISHARES ETHEREUM TRUST ETF (ETHA) is Bearish.
ISHARES ETHEREUM TRUST ETF (ETHA) has an RSI value of 45.9117. This indicates that the stock is currently neutral.
The MACD indicator for ISHARES ETHEREUM TRUST ETF (ETHA) has a value of 0.127647, indicating a bearish trend.
ISHARES ETHEREUM TRUST ETF (ETHA) has a support level at 22.36 and a resistance level at 25.39. Check the full technical report for our detailed analysis of ETHA support and resistance levels.