Taking everything into account, ETHV scores 0 out of 10 in our technical rating. ETHV'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 technical rating of ETHV 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.
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39.70
We found 1 important support area.
- A support zone ranging from 40.10 to 40.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 44.44 to 44.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @49.56 from a trend line in the daily time frame.
- Resistance @67.14 from a trend line in the daily time frame.
- Resistance @69.47 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for ETHV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ETHV is down. |
| ChartMill Relative Strength | 14.22 | NEGATIVE | ETHV has a low relative strength, it was outperformed by 85.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ETHV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ETHV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ETHV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.21 | NEUTRAL | The RSI value for ETHV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ETHV has a positive trend. |
| Stochastics (14,3) | 34.26 | NEUTRAL | The Stochastics value for ETHV is a neutral value. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for ETHV suggests high volalility. |
| Average Directional Index/ADX (14) | 36.16 | POSITIVE | The high ADX value value for ETHV suggests a strong trend. |
44.43
+0.14 (+0.32%)
VANECK ETHEREUM ETF / ETHV FAQ
Can you provide the ChartMill technical rating for VANECK ETHEREUM ETF?
ChartMill assigns a technical rating of 0 / 10 to ETHV.
What is the current trend direction of VANECK ETHEREUM ETF (ETHV) stock?
The current trend direction for VANECK ETHEREUM ETF (ETHV) is Bearish.
What is the RSI signal for VANECK ETHEREUM ETF (ETHV) stock?
VANECK ETHEREUM ETF (ETHV) has an RSI value of 41.2135. This indicates that the stock is currently neutral.
What is the short term momentum for VANECK ETHEREUM ETF (ETHV) stock?
The short term momentum for VANECK ETHEREUM ETF (ETHV) is negative.
Can you provide the support and resistance levels for VANECK ETHEREUM ETF?
VANECK ETHEREUM ETF (ETHV) has a support level at 40.58 and a resistance level at 44.44. Check the full technical report for our detailed analysis of ETHV support and resistance levels.