GRAYSCALE ETHEREUM TRUST ETF (ETHE) Stock Technical Analysis
NYSEARCA:ETHE - NYSE Arca - US3896381072 - ETF - Currency: USD
Overall ETHE gets a technical rating of 7 out of 10. Although ETHE is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than ETHE.
The long and short term trends are both positive. This is looking good!
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.
In the last month ETHE has a been trading in the 18.14 - 28.61 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ETHE has an average volume of 4419670 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.
Although ETHE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.22
28.54
When analyzing the support we notice one important area.
- A support zone ranging from 21.43 to 21.69. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 0 | NEGATIVE | ETHE has a low relative strength, it was outperformed by 100% 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) | 77.1 | OVERBOUGHT | The high RSI value suggests ETHE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests ETHE has a positive trend. |
| Stochastics (14,3) | 95.96 | OVERBOUGHT | The high Stochastics value suggests ETHE may be overbought. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for ETHE suggests some volalility. |
| Average Directional Index/ADX (14) | 25.45 | 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 (7/17/2025, 8:20:15 PM)
After market: 28.7404 +0.48 (+1.7%)28.26
+0.24 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.86%
1 Week21.08%
2 Weeks30.95%
1 Month34.7%
3 Month114.9%
6 Month-4.17%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%3.78%
ATR Inc103.78%
Range Today0.77
ADR(20)0.83
ADR(20)%2.93%
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 High28.61
10 Day Low20.82
20 Day High28.61
20 Day Low18.14
52 Week High34.53
52 Week Low12.11
CS1 End21.69
CR1 StartN/A
Volume & EV
DER(3)2.1%
DER(5)-0.81%
Volume8.67M
Volume Incr101.36%
Vol(5)7.49M
Vol(50)4.42M