LYXOR MSCI GREECE UCITS ETF (GRE.PA)       0.909  -0.03 (-3.25%)

0.909  -0.03 (-3.25%)

FR0010405431 - ETF

Technical Rating

We assign a technical rating of 1 out of 10 to GRE. GRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.



GRE is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so GRE is still doing slightly better than the market.
Considerably lower volume is observed in the last couple of days.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GRE is a bad performer in the overall market: 71% of all stocks are doing better.
GRE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Statistics

1 Month 3 Months 6 Months 12 Months -7.24% -13.95% -7.95% -4.97% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 29.84 0.81 - 1.0792
GRE Weekly chart
GRE Daily chart

Support/Resistance Analysis


0.85

1.03
We found 3 important support areas.
  • A support zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.88 from a trend line in the weekly time frame.
  • Support @0.86 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
  • Resistance @0.91 from a trend line in the daily time frame.
  • A resistance zone ranging from 0.99 to 0.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines in the daily time frame.

Setup Analysis

Setup Rating

GRE has a poor technical rating and the quality of the setup is also not perfect 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.


GRE Daily chart

LYXOR MSCI GREECE UCITS ETF0.909

EPA:GRE (5/16/2022, 12:09:11 PM)-0.03 (-3.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A
Performance
Today -3.25% 1 Week 0.69%
2 Weeks -4.68% 1 Month -7.24%
3 Month -13.95% 6 Month -7.95%
Volatility
ATR(14) 0.03 ATR(20)% 2.96%
ATR Inc 5.08% Range Today 0
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 29.84 Mansfield 0.23
10 Day High 0.98 10 Day Low 0.9
20 Day High 1.02 20 Day Low 0.9
52 Week High 1.08 52 Week Low 0.81
CS1 End 0.91 CR1 Start 0.91
Volume & EV
DER(3) 0% DER(5) 0%
Volume 796 Volume Incr -56.25%
Vol(5) 78.39K Vol(50) 170.19K

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