CurrencyShares? Swedish Krona ETF (FXS) Stock Technical Analysis
USA - NYSEARCA:FXS -
94.4897
-0.47 (-0.5%)
We assign a technical rating of 0 out of 10 to FXS. FXS'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FXS is a bad performer in the overall market: 72% of all stocks are doing better.
FXS 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: FXS has an average volume of 1202 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month FXS has a been trading in a tight range between 94.48 and 96.77.
Considerably lower volume is observed in the last couple of days.
The technical rating of FXS is bad and it also does not present a 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
91.91
99.88
We found 1 important support area.
- A support zone ranging from 92.84 to 94.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 94.83 to 98.89. 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 FXS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FXS is down. |
| ChartMill Relative Strength | 28.6 | NEGATIVE | FXS has a low relative strength, it was outperformed by 71.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FXS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FXS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FXS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.01 | OVERSOLD | The low RSI value suggests FXS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FXS has a negative trend. |
| Stochastics (14,3) | 10.36 | OVERSOLD | The low Stochastics value suggests FXS may be oversold. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for FXS 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)
CurrencyShares? Swedish Krona ETF
NYSEARCA:FXS (2/14/2020, 8:22:38 PM)
94.4897
-0.47 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.5%
1 Week-0.76%
2 Weeks-0.95%
1 Month-2.49%
3 Month-1.43%
6 Month-1.56%
12 Month-6.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.25%
ATR Inc100.09%
Range Today0.24
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
CRS28.6
Mansfield-1.4
10 Day High95.85
10 Day Low94.48
20 Day High96.77
20 Day Low94.48
52 Week High102.3
52 Week Low92.84
CS1 End94.06
CR1 Start94.83
Volume & EV
DER(3)0%
DER(5)0%
Volume1.20K
Volume Incr20.45%
Vol(5)700
Vol(50)1.20K