CAMBRIA GLOBAL VALUE ETF (GVAL) Stock Technical Analysis
USA - NYSEARCA:GVAL - US1320614092 - ETF
Overall GVAL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GVAL is showing a nice and steady performance.
Although GVAL has an excellent technical rating, the quality of the presented setup is not ideal 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.
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20.11
4 important support areas can be observed.
- A support zone ranging from 29.59 to 30.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.56 to 28.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.75 from a horizontal line in the weekly time frame.
- Support @20.31 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.89 to 31.17. 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 GVAL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GVAL is up. |
| ChartMill Relative Strength | 89.06 | POSITIVE | GVAL has a high relative strength, it outperformed 89.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GVAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GVAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GVAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.61 | NEUTRAL | The RSI value for GVAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GVAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.83 | NEUTRAL | The Stochastics value for GVAL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for GVAL suggests low volalility. |
| Average Directional Index/ADX (14) | 30.35 | POSITIVE | The high ADX value value for GVAL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.18 | 29.68 | 1.50 (4.80%) | 20.81% |
| An entry @31.18. This is a Buy Stop order right above the resistance zone. | An exit @29.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.50 points, which is 4.80%. | For a 1.00% total portfolio risk, you can invest 20.81% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
30.64
-0.25 (-0.81%)
CAMBRIA GLOBAL VALUE ETF / GVAL FAQ
Can you provide the ChartMill technical rating for CAMBRIA GLOBAL VALUE ETF?
ChartMill assigns a technical rating of 10 / 10 to GVAL.
What is the trend direction for GVAL stock?
The current trend direction for CAMBRIA GLOBAL VALUE ETF (GVAL) is Bullish.
What is the RSI signal for GVAL stock?
CAMBRIA GLOBAL VALUE ETF (GVAL) has an RSI value of 61.6088. This indicates that the stock is currently neutral.
What is the MACD signal for CAMBRIA GLOBAL VALUE ETF (GVAL) stock?
The MACD indicator for CAMBRIA GLOBAL VALUE ETF (GVAL) has a value of 0.0496036, indicating a bearish trend.
Can you provide the short term momentum for CAMBRIA GLOBAL VALUE ETF?
The short term momentum for CAMBRIA GLOBAL VALUE ETF (GVAL) is positive.