
USA - NYSEARCA:GBDV - US37959X1000 - ETF
Taking everything into account, GBDV scores 7 out of 10 in our technical rating. In the last year, GBDV was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although GBDV has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
21.50
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for GBDV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GBDV is up. |
| ChartMill Relative Strength | 84.68 | POSITIVE | GBDV has a high relative strength, it outperformed 84.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GBDV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GBDV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GBDV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.48 | NEUTRAL | The RSI value for GBDV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GBDV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.26 | NEUTRAL | The Stochastics value for GBDV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.15 | LOW VOLATILITY | The low ATR as a percentage value for GBDV suggests low volalility. |
| Average Directional Index/ADX (14) | 22.62 | NEUTRAL | The ADX value for GBDV suggests a possible start of a new trend. |
NYSEARCA:GBDV (8/22/2022, 8:14:58 PM)
23.4425
-0.4 (-1.67%)
ChartMill assigns a technical rating of 6 / 10 to GBDV.
The current trend direction for GLOBAL BETA SMART INCOME ETF (GBDV) is Bullish.
GLOBAL BETA SMART INCOME ETF (GBDV) has an RSI value of 54.484. This indicates that the stock is currently neutral.
The MACD indicator for GLOBAL BETA SMART INCOME ETF (GBDV) has a value of 0.0457652, indicating a bearish trend.
The short term momentum for GLOBAL BETA SMART INCOME ETF (GBDV) is positive.