Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) Technical Analysis
NYSEARCA:FWDB
Current stock price
FWDB Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FWDB. FWDB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, FWDB is a bad performer in the overall market: 78% of all stocks are doing better.
- FWDB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: FWDB has an average volume of 2173 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month FWDB has a been trading in a tight range between 25.70 and 25.91.
FWDB Weekly and Daily overview Charts
FWDB Setup Rating and Analysis
FWDB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.73, a Stop Loss order could be placed below this zone.
More info and screens
FWDB Support and Resistance Analysis
24.70
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.60 to 25.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.95 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.79 to 26.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FWDB 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 | DOWN | NEGATIVE | The long term trend for FWDB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FWDB is down. |
| ChartMill Relative Strength | 22 | NEGATIVE | FWDB has a low relative strength, it was outperformed by 78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FWDB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FWDB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FWDB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.22 | NEUTRAL | The RSI value for FWDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FWDB has a positive trend. |
| Stochastics (14,3) | 54.19 | NEUTRAL | The Stochastics value for FWDB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for FWDB suggests low volalility. |
FWDB Chart- and CandleStick Pattern Analysis
FWDB Technicals: Chart, Performance Metrics, Trend & Indicators
Advisorshares Foliobeyond Smart Core Bond ETF
NYSEARCA:FWDB (10/29/2021, 8:30:32 PM)
25.78
-0.01 (-0.04%)
Advisorshares Foliobeyond Smart Core Bond ETF / FWDB TA FAQ
What is the ChartMill technical rating of Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) stock?
ChartMill assigns a technical rating of 0 / 10 to FWDB.
What is the current trend direction of Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) stock?
The current trend direction for Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) is Bearish.
What is the RSI signal for Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) stock?
Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) has an RSI value of 38.2204. This indicates that the stock is currently neutral.
What is the MACD signal for Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) stock?
The MACD indicator for Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) has a value of 0.00303206, indicating a bearish trend.
Can you provide the support and resistance levels for Advisorshares Foliobeyond Smart Core Bond ETF?
Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) has a support level at 25.73 and a resistance level at 25.79. Check the full technical report for our detailed analysis of FWDB support and resistance levels.