THEMES EUROPEAN LUXURY ETF (FINE) Stock Technical Analysis
USA - NASDAQ:FINE - US8829274039 - ETF
22.2839 USD
+0.28 (+1.27%)
21 USD
-1.28 (-5.76%)
We assign a technical rating of 5 out of 10 to FINE. FINE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, FINE is a bad performer in the overall market: 61% of all stocks are doing better.
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 long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
Although the technical rating is only medium, FINE does present a nice setup opportunity. 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
20.65
25.26
We found 2 important support 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.
When analyzing the resistance we notice 4 important areas.
- 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.
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 | 39.23 | 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. |
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)
22.2839
+0.28 (+1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.27%
1 Week1.13%
2 Weeks1.09%
1 Month5.44%
3 Month2.25%
6 Month0.51%
12 Month0.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.01%
ATR Inc-3.46%
Range Today0
ADR(20)0.07
ADR(20)%0.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.23
Mansfield-0.79
10 Day High22.49
10 Day Low21.89
20 Day High22.49
20 Day Low21.48
52 Week High25.01
52 Week Low17.78
CS1 End22.15
CR1 Start22.37
Volume & EV
DER(3)33.33%
DER(5)21.41%
Volume100
Volume Incr6.24%
Vol(5)664
Vol(50)404.4