GRAYSCALE ETHEREUM TRUST ETF (ETHE) Stock Technical Analysis
NYSEARCA:ETHE - US3896381072 - ETF
35.8 USD
-0.82 (-2.24%)
35.9999 USD
+0.2 (+0.56%)
We assign a technical rating of 10 out of 10 to ETHE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ETHE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ETHE did better than 94% of all other stocks.
ETHE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ETHE is lagging the market slightly.
ETHE has an average volume of 6765230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ETHE has a been trading in the 29.37 - 40.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ETHE has an excellent technical rating, it does not offer a high 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
25.49
40.35
We found 2 important support areas.
- Support @34.13 from a horizontal line in the daily time frame.
- Support @25.75 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.95 to 39.95. 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 ETHE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETHE is up. |
| ChartMill Relative Strength | 94.53 | POSITIVE | ETHE has a high relative strength, it outperformed 94.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETHE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETHE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETHE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.91 | NEUTRAL | The RSI value for ETHE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests ETHE has a negative trend. |
| Stochastics (14,3) | 47.82 | NEUTRAL | The Stochastics value for ETHE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for ETHE suggests high volalility. |
| Average Directional Index/ADX (14) | 38.98 | POSITIVE | The high ADX value value for ETHE suggests a strong 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:ETHE (8/29/2025, 8:18:52 PM)
After market: 35.9999 +0.2 (+0.56%)35.8
-0.82 (-2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.24%
1 Week-10.37%
2 Weeks-1.16%
1 Month23.53%
3 Month67.6%
6 Month93.41%
12 Month68.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.06
ATR(20)%5.35%
ATR Inc-31.32%
Range Today1.09
ADR(20)1.58
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.53
Mansfield3.93
10 Day High40.14
10 Day Low33.87
20 Day High40.14
20 Day Low29.37
52 Week High40.14
52 Week Low12.11
CS1 End34.13
CR1 Start39.95
Volume & EV
DER(3)-3.16%
DER(5)-1.67%
Volume8.11M
Volume Incr-16.56%
Vol(5)6.79M
Vol(50)6.77M