GUGGENHEIM ACTIVE ALLOCATION (GUG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GUG - US40170T1060
We assign a technical rating of 5 out of 10 to GUG. GUG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 65% of all other stocks performed better in the past year than GUG.
- The long and short term trends are both positive. This is looking good!
- GUG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GUG is lagging the market.
- In the last month GUG has a been trading in a tight range between 15.24 and 16.01.
GUG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 15.59, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GUG in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.83
2 important support areas can be observed.
- A support zone ranging from 15.08 to 15.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.97 to 14.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.72 to 16.40. This zone is formed by a combination of multiple trend lines and important moving averages 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 GUG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GUG is up. |
| ChartMill Relative Strength | 35.07 | NEUTRAL | GUG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GUG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GUG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GUG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.1 | NEUTRAL | The RSI value for GUG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GUG has a negative trend. |
| Stochastics (14,3) | 45.11 | NEUTRAL | The Stochastics value for GUG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for GUG suggests low volalility. |
| Average Directional Index/ADX (14) | 20.24 | NEUTRAL | The ADX value for GUG suggests a possible start of a new trend. |
15.65
-0.03 (-0.19%)
GUGGENHEIM ACTIVE ALLOCATION / GUG FAQ
What is the ChartMill technical rating of GUGGENHEIM ACTIVE ALLOCATION (GUG) stock?
ChartMill assigns a technical rating of 5 / 10 to GUG.
What is the current trend direction of GUGGENHEIM ACTIVE ALLOCATION (GUG) stock?
The current trend direction for GUGGENHEIM ACTIVE ALLOCATION (GUG) is Bullish.
What is the RSI signal for GUGGENHEIM ACTIVE ALLOCATION (GUG) stock?
GUGGENHEIM ACTIVE ALLOCATION (GUG) has an RSI value of 53.1022. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GUGGENHEIM ACTIVE ALLOCATION?
The short term momentum for GUGGENHEIM ACTIVE ALLOCATION (GUG) is positive.
Can you provide the support and resistance levels for GUGGENHEIM ACTIVE ALLOCATION?
GUGGENHEIM ACTIVE ALLOCATION (GUG) has a support level at 15.59 and a resistance level at 15.72. Check the full technical report for our detailed analysis of GUG support and resistance levels.