FRANKLIN ETHEREUM ETF (EZET) Stock Technical Analysis
NYSEARCA:EZET - US35351J1097 - ETF
32.97 USD
-0.74 (-2.2%)
33.29 USD
+0.32 (+0.97%)
Taking everything into account, EZET scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EZET 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, EZET did better than 94% of all other stocks.
EZET 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 EZET is lagging the market slightly.
In the last month EZET has a been trading in the 26.99 - 36.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EZET 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
23.42
37.12
2 important support areas can be observed.
- Support @31.41 from a horizontal line in the daily time frame.
- Support @23.66 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 36.75 to 36.75. 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 EZET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EZET is up. |
| ChartMill Relative Strength | 94.75 | POSITIVE | EZET has a high relative strength, it outperformed 94.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EZET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EZET is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EZET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.02 | NEUTRAL | The RSI value for EZET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests EZET has a negative trend. |
| Stochastics (14,3) | 48.28 | NEUTRAL | The Stochastics value for EZET is a neutral value. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for EZET suggests high volalility. |
| Average Directional Index/ADX (14) | 38.73 | POSITIVE | The high ADX value value for EZET 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)
32.97
-0.74 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.2%
1 Week-10.26%
2 Weeks-0.93%
1 Month23.9%
3 Month68.56%
6 Month95.78%
12 Month73.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.86
ATR(20)%5.27%
ATR Inc-32.84%
Range Today0.98
ADR(20)1.41
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.75
Mansfield4.09
10 Day High36.88
10 Day Low31.2
20 Day High36.88
20 Day Low26.99
52 Week High36.88
52 Week Low11.05
CS1 End31.41
CR1 Start36.75
Volume & EV
DER(3)-5.7%
DER(5)-4.94%
Volume267.10K
Volume Incr-5.86%
Vol(5)205.66K
Vol(50)187.19K