AdvisorShares Madrona Domestic ETF (FWDD) Technical Analysis
NYSEARCA:FWDD
Current stock price
FWDD Technical Rating and Analysis
Overall FWDD gets a technical rating of 5 out of 10. In the last year, FWDD was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- Warning: FWDD has an average volume of 748 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, FWDD outperforms 50% of them, which is more or less in line with the market.
- FWDD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FWDD is lagging the market.
- In the last month FWDD has a been trading in a tight range between 50.40 and 53.29.
- Volume is considerably higher in the last couple of days.
FWDD Weekly and Daily overview Charts
FWDD Setup Rating and Analysis
FWDD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
FWDD Support and Resistance Analysis
50.19
We can see 3 important resistance areas.
- A resistance zone ranging from 50.81 to 52.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @55.50 from a trend line in the weekly time frame.
- A resistance zone ranging from 56.45 to 56.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
FWDD 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 | NEUTRAL | NEUTRAL | The long term trend for FWDD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FWDD is neutral. |
| ChartMill Relative Strength | 50.37 | NEUTRAL | FWDD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FWDD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FWDD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FWDD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.63 | NEUTRAL | The RSI value for FWDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests FWDD has a negative trend. |
| Stochastics (14,3) | 44.38 | NEUTRAL | The Stochastics value for FWDD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for FWDD suggests low volalility. |
FWDD Chart- and CandleStick Pattern Analysis
FWDD Technicals: Chart, Performance Metrics, Trend & Indicators
AdvisorShares Madrona Domestic ETF
NYSEARCA:FWDD (3/22/2019, 8:21:52 PM)
50.7007
-1.33 (-2.56%)
AdvisorShares Madrona Domestic ETF / FWDD TA FAQ
What is the technical rating for FWDD stock?
ChartMill assigns a technical rating of 5 / 10 to FWDD.
Can you provide the trend direction for AdvisorShares Madrona Domestic ETF?
The current trend direction for AdvisorShares Madrona Domestic ETF (FWDD) is Bearish.
What is the RSI signal for FWDD stock?
AdvisorShares Madrona Domestic ETF (FWDD) has an RSI value of 42.6313. This indicates that the stock is currently neutral.
What is the short term momentum for AdvisorShares Madrona Domestic ETF (FWDD) stock?
The short term momentum for AdvisorShares Madrona Domestic ETF (FWDD) is neutral.