DEFIANCE NEXT GEN CONN ETF (FIVG) Stock Technical Analysis
NYSEARCA:FIVG - US26922A2895 - ETF
41.77 USD
-0.55 (-1.3%)
37.9 USD
-3.87 (-9.27%)
Overall FIVG gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
FIVG 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 FIVG is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that FIVG is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month FIVG has a been trading in the 41.07 - 44.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although FIVG has an excellent technical rating, it does not offer a high 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
29.50
44.60
When analyzing the support we can see 6 important areas.
- A support zone ranging from 41.76 to 41.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.71 to 38.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.04 from a trend line in the daily time frame.
- Support @36.34 from a horizontal line in the daily time frame.
- Support @34.40 from a horizontal line in the daily time frame.
- A support zone ranging from 29.80 to 30.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.47 to 44.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 FIVG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FIVG is neutral. |
| ChartMill Relative Strength | 84.93 | POSITIVE | FIVG has a high relative strength, it outperformed 84.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FIVG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FIVG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FIVG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.71 | NEUTRAL | The RSI value for FIVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests FIVG has a negative trend. |
| Stochastics (14,3) | 28.68 | NEUTRAL | The Stochastics value for FIVG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for FIVG suggests low volalility. |
| Average Directional Index/ADX (14) | 31.84 | POSITIVE | The high ADX value value for FIVG 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)
41.77
-0.55 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.3%
1 Week-4.11%
2 Weeks-2.13%
1 Month-0.36%
3 Month18.03%
6 Month12.56%
12 Month24.76%
2 Year19.65%
3 Year8.63%
5 Year68.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%1.45%
ATR Inc25.08%
Range Today0.49
ADR(20)0.52
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.93
Mansfield0.27
10 Day High44.21
10 Day Low41.77
20 Day High44.21
20 Day Low41.07
52 Week High44.21
52 Week Low28.75
CS1 End41.76
CR1 Start42.47
Volume & EV
DER(3)-0.96%
DER(5)2.22%
Volume30.30K
Volume Incr50.14%
Vol(5)93.16K
Vol(50)49.06K