2X ETHER ETF (ETHU) Technical Analysis
NYSEARCA:ETHU • US92864M7983
Current stock price
ETHU Technical Rating and Analysis
Taking everything into account, ETHU scores 1 out of 10 in our technical rating. ETHU'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 96% of all other stocks performed better in the past year than ETHU.
- ETHU is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ETHU is lagging the market.
- In the last month ETHU has a been trading in the 19.73 - 28.91 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ETHU has an average volume of 7857910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ETHU Weekly and Daily overview Charts
ETHU Setup Rating and Analysis
The technical rating of ETHU is bad and it also does not present a 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
ETHU Support and Resistance Analysis
19.96
ETHU Technical Indicator Signal Analysis
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 ETHU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETHU is down. |
| ChartMill Relative Strength | 4.69 | NEGATIVE | ETHU has a low relative strength, it was outperformed by 95.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ETHU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETHU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ETHU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.47 | NEUTRAL | The RSI value for ETHU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests ETHU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.71 | OVERSOLD | The low Stochastics value suggests ETHU may be oversold. |
| Average True Range in percent/ATR (20) | 11.87 | HIGH VOLATILITY | The high ATR as a percentage value for ETHU suggests high volalility. |
| Average Directional Index/ADX (14) | 15.74 | NEGATIVE | The low ADX value for ETHU suggests a weak or negative trend. |
ETHU Chart- and CandleStick Pattern Analysis
ETHU Technicals: Chart, Performance Metrics, Trend & Indicators
20.16
-1.24 (-5.79%)
2X ETHER ETF / ETHU TA FAQ
Can you provide the ChartMill technical rating for 2X ETHER ETF?
ChartMill assigns a technical rating of 1 / 10 to ETHU.
What is the current trend direction of 2X ETHER ETF (ETHU) stock?
The current trend direction for 2X ETHER ETF (ETHU) is Bearish.
What is the RSI signal for ETHU stock?
2X ETHER ETF (ETHU) has an RSI value of 39.4658. This indicates that the stock is currently neutral.
What is the short term momentum for 2X ETHER ETF (ETHU) stock?
The short term momentum for 2X ETHER ETF (ETHU) is negative.
What is the buy/sell signal for ETHU stock?
The buy/sell signal for 2X ETHER ETF (ETHU) is sell as both the short term and long term trends are negative.