THEMES EUROPEAN LUXURY ETF (FINE) Technical Analysis
NASDAQ:FINE • US8829274039
Current stock price
FINE Technical Rating and Analysis
Taking everything into account, FINE scores 6 out of 10 in our technical rating. FINE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Warning: FINE has an average volume of 404 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When compared to the yearly performance of all other stocks, FINE outperforms 40% of them, which is more or less in line with the market.
- FINE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FINE is lagging the market.
- In the last month FINE has a been trading in a tight range between 21.48 and 22.49.
- Volume is considerably higher in the last couple of days.
FINE Weekly and Daily overview Charts
FINE Setup Rating and Analysis
FINE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FINE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FINE Support and Resistance Analysis
20.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.35 to 22.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.86 to 20.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 22.37 to 22.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.49 to 24.57. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 25.01 to 25.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
FINE 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 | NEUTRAL | NEUTRAL | The long term trend for FINE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FINE is up. |
| ChartMill Relative Strength | 40.58 | NEUTRAL | FINE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FINE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FINE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FINE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.43 | NEUTRAL | The RSI value for FINE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FINE has a positive trend. |
| Stochastics (14,3) | 57.76 | NEUTRAL | The Stochastics value for FINE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for FINE suggests low volalility. |
| Average Directional Index/ADX (14) | 11.33 | NEGATIVE | The low ADX value for FINE suggests a weak or negative trend. |
FINE Chart- and CandleStick Pattern Analysis
FINE Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.66 | 21.88 | 0.78 (3.44%) | 25.00% |
| An entry @22.66. This is a Buy Stop order right above the resistance zone. | An exit @21.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.78 points, which is 3.44%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FINE Technicals: Chart, Performance Metrics, Trend & Indicators
22.2839
+0.28 (+1.27%)
THEMES EUROPEAN LUXURY ETF / FINE TA FAQ
What is the ChartMill technical rating of THEMES EUROPEAN LUXURY ETF (FINE) stock?
ChartMill assigns a technical rating of 6 / 10 to FINE.
What is the trend direction for FINE stock?
The current trend direction for THEMES EUROPEAN LUXURY ETF (FINE) is Bearish.
Can you provide the RSI signal for THEMES EUROPEAN LUXURY ETF?
THEMES EUROPEAN LUXURY ETF (FINE) has an RSI value of 55.4262. This indicates that the stock is currently neutral.
Can you provide the MACD signal for THEMES EUROPEAN LUXURY ETF?
The MACD indicator for THEMES EUROPEAN LUXURY ETF (FINE) has a value of 0.0356863, indicating a bearish trend.
Can you provide the short term momentum for THEMES EUROPEAN LUXURY ETF?
The short term momentum for THEMES EUROPEAN LUXURY ETF (FINE) is positive.