AdvisorShares Gartman Gold/Euro ETF (GEUR) Technical Analysis
NYSEARCA:GEUR
Current stock price
GEUR Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to GEUR. GEUR'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.
- 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.
- When comparing the yearly performance of all stocks, GEUR is a bad performer in the overall market: 70% of all stocks are doing better.
- GEUR 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: 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.
We can see 3 important resistance areas.
- 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.
Can you provide the trend direction for AdvisorShares Gartman Gold/Euro ETF?
The current trend direction for AdvisorShares Gartman Gold/Euro ETF (GEUR) is Bearish.
Can you provide the RSI signal for AdvisorShares Gartman Gold/Euro ETF?
AdvisorShares Gartman Gold/Euro ETF (GEUR) has an RSI value of 54.6408. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AdvisorShares Gartman Gold/Euro ETF?
The MACD indicator for AdvisorShares Gartman Gold/Euro ETF (GEUR) has a value of 0.00887472, indicating a bearish trend.