Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) Stock Technical Analysis
USA - NYSEARCA:FWDB -
Taking everything into account, FWDB scores 0 out of 10 in our technical rating. FWDB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
24.70
2 important support areas can be observed.
- 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. |
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 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 trend direction for FWDB stock?
The current trend direction for Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) is Bearish.
What is the RSI signal for 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 FWDB stock?
The MACD indicator for Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) has a value of 0.00303206, indicating a bearish trend.
What is the short term momentum for FWDB stock?
The short term momentum for Advisorshares Foliobeyond Smart Core Bond ETF (FWDB) is negative.