AdvisorShares Gartman Gold/Euro ETF (GEUR) Technical Analysis
NYSEARCA:GEUR
Current stock price
GEUR Technical Rating and Analysis
Taking everything into account, GEUR scores 1 out of 10 in our technical rating. GEUR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 70% of all other stocks performed better in the past year than GEUR.
- GEUR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GEUR is lagging the market.
- Warning: GEUR has an average volume of 6858 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month GEUR has a been trading in a tight range between 11.49 and 11.82.
- Volume is considerably higher in the last couple of days.
GEUR Weekly and Daily overview Charts
GEUR Setup Rating and Analysis
The technical rating of GEUR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
GEUR Support and Resistance Analysis
11.17
When analyzing the support we notice one important area.
- A support zone ranging from 11.28 to 11.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @11.79 from a trend line in the daily time frame.
- Resistance @12.06 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.95 to 12.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
GEUR 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 | DOWN | NEGATIVE | The long term trend for GEUR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GEUR is neutral. |
| ChartMill Relative Strength | 30.45 | NEUTRAL | GEUR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GEUR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GEUR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GEUR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.64 | NEUTRAL | The RSI value for GEUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GEUR has a positive trend. |
| Stochastics (14,3) | 57.58 | NEUTRAL | The Stochastics value for GEUR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for GEUR suggests low volalility. |
GEUR Chart- and CandleStick Pattern Analysis
GEUR Technicals: Chart, Performance Metrics, Trend & Indicators
AdvisorShares Gartman Gold/Euro ETF
NYSEARCA:GEUR (10/13/2017, 8:19:04 PM)
11.74
+0.06 (+0.51%)
AdvisorShares Gartman Gold/Euro ETF / GEUR TA FAQ
What is the technical rating for GEUR stock?
ChartMill assigns a technical rating of 1 / 10 to GEUR.
What is the trend direction for GEUR stock?
The current trend direction for AdvisorShares Gartman Gold/Euro ETF (GEUR) is Bearish.
What is the RSI signal for AdvisorShares Gartman Gold/Euro ETF (GEUR) stock?
AdvisorShares Gartman Gold/Euro ETF (GEUR) has an RSI value of 54.6408. This indicates that the stock is currently neutral.
What is the short term momentum for GEUR stock?
The short term momentum for AdvisorShares Gartman Gold/Euro ETF (GEUR) is neutral.
What is the support and resistance level for GEUR stock?
AdvisorShares Gartman Gold/Euro ETF (GEUR) has a support level at 11.7 and a resistance level at 11.79. Check the full technical report for our detailed analysis of GEUR support and resistance levels.