Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) Stock Technical Analysis
NYSEARCA:FWDB - NYSE Arca -
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 has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
24.70
26.56
We found 2 important support 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.
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. |
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)
Advisorshares Foliobeyond Smart Core Bond ETF
NYSEARCA:FWDB (10/29/2021, 8:30:32 PM)
25.78
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.04%
1 Week0.02%
2 Weeks-0.27%
1 Month-0.39%
3 Month-1.13%
6 Month-0.47%
12 Month0.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.11%
ATR Inc-62.21%
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
CRS22
Mansfield-1.2
10 Day High25.83
10 Day Low25.7
20 Day High25.91
20 Day Low25.7
52 Week High26.45
52 Week Low25.6
CS1 End25.73
CR1 Start25.79
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-44.37%
Vol(5)2.34K
Vol(50)2.17K