GRAYSCALE ETHEREUM TRUST ETF (ETHE) Stock Technical Analysis
NYSEARCA:ETHE - NYSE Arca - US3896381072 - ETF - Currency: USD
We assign a technical rating of 9 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.
ETHE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ETHE has a been trading in the 24.32 - 32.08 range, which is quite wide. It is currently trading near the high of this range.
ETHE has an average volume of 4909810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ETHE did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although ETHE has an excellent technical rating, it does not present a decent entry opportunity 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
23.32
33.20
3 important support areas can be observed.
- A support zone ranging from 30.59 to 30.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 28.98 to 29.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.56 from a trend 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 ETHE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETHE is up. |
| ChartMill Relative Strength | 92.86 | POSITIVE | ETHE has a high relative strength, it outperformed 92.86% 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) | 67.01 | NEUTRAL | The RSI value for ETHE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ETHE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.43 | NEUTRAL | The Stochastics value for ETHE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ETHE suggests some volalility. |
| Average Directional Index/ADX (14) | 36.73 | 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 (8/8/2025, 10:54:07 AM)
32.875
+0.89 (+2.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.77%
1 Week3.66%
2 Weeks3.36%
1 Month37.06%
3 Month64.98%
6 Month47.83%
12 Month46.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.41
ATR(20)%4.51%
ATR Inc-5.26%
Range Today0.91
ADR(20)1.06
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.86
Mansfield3.06
10 Day High32.08
10 Day Low28.92
20 Day High32.08
20 Day Low24.32
52 Week High34.53
52 Week Low12.11
CS1 End30.63
CR1 StartN/A
Volume & EV
DER(3)0.62%
DER(5)1.45%
Volume4.00M
Volume Incr-7.78%
Vol(5)5.97M
Vol(50)4.91M