iPath Pure Beta Aluminum ETN (FOIL) Stock Technical Analysis
NYSEARCA:FOIL - NYSE Arca -
We assign a technical rating of 1 out of 10 to FOIL. FOIL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
FOIL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: FOIL has an average volume of 390 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, FOIL outperforms 57% of them, which is more or less in line with the market.
FOIL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FOIL is lagging the market slightly.
FOIL has a poor technical rating and the quality of the setup is also only medium 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
25.17
30.50
We found 2 important support areas.
- A support zone ranging from 26.93 to 27.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.42 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.15 to 30.20. 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 | DOWN | NEGATIVE | The long term trend for FOIL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FOIL is down. |
| ChartMill Relative Strength | 57.93 | NEUTRAL | FOIL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FOIL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FOIL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 13.24 | OVERSOLD | The low RSI value suggests FOIL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests FOIL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.52 | OVERSOLD | The low Stochastics value suggests FOIL may be oversold. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for FOIL suggests low volalility. |
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)
NYSEARCA:FOIL (4/11/2018, 8:20:37 PM)
27.135
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.31%
2 Weeks-8.88%
1 Month-8.88%
3 Month-8.33%
6 Month-5.81%
12 Month15.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.56%
ATR Inc-100%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.93
Mansfield-0.69
10 Day High29.78
10 Day Low26.92
20 Day High29.78
20 Day Low26.92
52 Week High30.2
52 Week Low23.72
CS1 End27.13
CR1 Start30.15
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr1028.21%
Vol(5)2.20K
Vol(50)390