Xtrackers Germany Equity ETF (GRMY) Stock Technical Analysis
USA - NYSEARCA:GRMY -
21.1807
+0.09 (+0.42%)
We assign a technical rating of 7 out of 10 to GRMY. Although GRMY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
61% of all other stocks performed better in the past year than GRMY.
Warning: GRMY has an average volume of 368 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
GRMY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GRMY is lagging the market.
In the last month GRMY has a been trading in a tight range between 20.18 and 21.19.
Considerably lower volume is observed in the last couple of days.
Although GRMY has an excellent technical rating, it does not present a decent entry opportunity 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
19.42
21.40
We found 2 important support areas.
- A support zone ranging from 20.27 to 21.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.62 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.19 to 21.19. 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 GRMY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRMY is up. |
| ChartMill Relative Strength | 39.97 | NEUTRAL | GRMY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRMY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRMY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GRMY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.85 | OVERBOUGHT | The high RSI value suggests GRMY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GRMY has a positive trend. |
| Stochastics (14,3) | 96.2 | OVERBOUGHT | The high Stochastics value suggests GRMY may be overbought. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for GRMY suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:GRMY (4/30/2019, 8:04:01 PM)
21.1807
+0.09 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.42%
1 Week0.93%
2 Weeks2.1%
1 Month5.63%
3 Month7.53%
6 Month3.62%
12 Month-12.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.44%
ATR Inc41.14%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.97
Mansfield-0.63
10 Day High21.19
10 Day Low20.86
20 Day High21.19
20 Day Low20.18
52 Week High24.44
52 Week Low17.95
CS1 End21.07
CR1 Start21.19
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-37.93%
Vol(5)180
Vol(50)368