We assign a technical rating of 4 out of 10 to GHS. In the last year, GHS was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
GHS has an average technical rating and it also does not offer a high 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.
31.77
2 important support areas can be observed.
We found 1 important resistance 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 GHS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GHS is neutral. |
| ChartMill Relative Strength | 61.08 | NEUTRAL | GHS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GHS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GHS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GHS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.63 | NEUTRAL | The RSI value for GHS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GHS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.02 | OVERBOUGHT | The high Stochastics value suggests GHS may be overbought. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for GHS suggests low volalility. |
NYSEARCA:GHS (6/19/2018, 8:22:36 PM)
33.63
+0.08 (+0.24%)
ChartMill assigns a technical rating of 4 / 10 to GHS.
The current trend direction for Rex Gold Hedged S&P 500 ETF (GHS) is Bullish.
Rex Gold Hedged S&P 500 ETF (GHS) has an RSI value of 58.6297. This indicates that the stock is currently neutral.
The MACD indicator for Rex Gold Hedged S&P 500 ETF (GHS) has a value of 0.0578672, indicating a bearish trend.
Rex Gold Hedged S&P 500 ETF (GHS) has a support level at 33.62 and a resistance level at 35.93. Check the full technical report for our detailed analysis of GHS support and resistance levels.