Goldman Sachs Motif Human Evolution ETF (GDNA) Stock Technical Analysis
USA - NYSEARCA:GDNA -
Overall GDNA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GDNA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although GDNA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
60.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 64.82 to 66.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.73 to 63.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 68.47 to 68.47. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for GDNA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDNA is up. |
| ChartMill Relative Strength | 81.14 | POSITIVE | GDNA has a high relative strength, it outperformed 81.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDNA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.59 | NEUTRAL | The RSI value for GDNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests GDNA has a positive trend. |
| Stochastics (14,3) | 89.91 | OVERBOUGHT | The high Stochastics value suggests GDNA may be overbought. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for GDNA suggests low volalility. |
Goldman Sachs Motif Human Evolution ETF
NYSEARCA:GDNA (11/6/2020, 8:04:00 PM)
68.4586
+0.19 (+0.28%)
Goldman Sachs Motif Human Evolution ETF / GDNA FAQ
What is the ChartMill technical rating of Goldman Sachs Motif Human Evolution ETF (GDNA) stock?
ChartMill assigns a technical rating of 9 / 10 to GDNA.
What is the current trend direction of Goldman Sachs Motif Human Evolution ETF (GDNA) stock?
The current trend direction for Goldman Sachs Motif Human Evolution ETF (GDNA) is Bullish.
What is the RSI signal for GDNA stock?
Goldman Sachs Motif Human Evolution ETF (GDNA) has an RSI value of 61.5931. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Goldman Sachs Motif Human Evolution ETF?
The buy/sell signal for Goldman Sachs Motif Human Evolution ETF (GDNA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Goldman Sachs Motif Human Evolution ETF (GDNA) stock?
Goldman Sachs Motif Human Evolution ETF (GDNA) has a support level at 66.39 and a resistance level at 68.47. Check the full technical report for our detailed analysis of GDNA support and resistance levels.