GLOBAL BETA RISING STARS ETF (GBGR) Stock Technical Analysis
USA - NYSEARCA:GBGR - US37959X3089 - ETF
Overall GBGR gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GBGR was also a bad performer in the overall market in the last year.
GBGR 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
16.13
We found 1 important support area.
- A support zone ranging from 16.29 to 16.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.20 to 18.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.95 from a trend line in the weekly time frame.
- Resistance @24.50 from a horizontal line in the weekly time frame.
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 GBGR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GBGR is neutral. |
| ChartMill Relative Strength | 37.01 | NEUTRAL | GBGR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GBGR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GBGR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GBGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.24 | NEUTRAL | The RSI value for GBGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests GBGR has a negative trend. |
| Stochastics (14,3) | 20.12 | NEUTRAL | The Stochastics value for GBGR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for GBGR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for GBGR suggests a weak or negative trend. |
NYSEARCA:GBGR (8/22/2022, 8:14:59 PM)
16.7292
-0.39 (-2.27%)
GLOBAL BETA RISING STARS ETF / GBGR FAQ
Can you provide the ChartMill technical rating for GLOBAL BETA RISING STARS ETF?
ChartMill assigns a technical rating of 4 / 10 to GBGR.
Can you provide the trend direction for GLOBAL BETA RISING STARS ETF?
The current trend direction for GLOBAL BETA RISING STARS ETF (GBGR) is Bearish.
What is the RSI signal for GLOBAL BETA RISING STARS ETF (GBGR) stock?
GLOBAL BETA RISING STARS ETF (GBGR) has an RSI value of 45.2362. This indicates that the stock is currently neutral.
What is the MACD signal for GBGR stock?
The MACD indicator for GLOBAL BETA RISING STARS ETF (GBGR) has a value of -0.120596, indicating a bearish trend.
Can you provide the short term momentum for GLOBAL BETA RISING STARS ETF?
The short term momentum for GLOBAL BETA RISING STARS ETF (GBGR) is neutral.