CAMBRIA GLOBAL VALUE ETF (GVAL) Stock Technical Analysis
NYSEARCA:GVAL - US1320614092 - ETF
28.95 USD
+0.24 (+0.84%)
28.94 USD
-0.01 (-0.03%)
Taking everything into account, GVAL scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GVAL is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, GVAL also shows a nice and consistent pattern of rising prices.
GVAL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GVAL has a been trading in a tight range between 28.33 and 29.19.
GVAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 28.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.87, a Stop Loss order could be placed below this zone.
More info and screens
20.11
29.39
8 important support areas can be observed.
- A support zone ranging from 28.77 to 28.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.93 to 28.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.31 from a horizontal line in the daily time frame.
- A support zone ranging from 26.11 to 26.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.57 from a trend line in the daily time frame.
- Support @21.64 from a trend line in the weekly time frame.
- 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 28.98 to 29.10. 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 | 80.5 | POSITIVE | GVAL has a high relative strength, it outperformed 80.5% 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) | 62.27 | NEUTRAL | The RSI value for GVAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests GVAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.2 | NEUTRAL | The Stochastics value for GVAL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for GVAL suggests low volalility. |
| Average Directional Index/ADX (14) | 28.71 | POSITIVE | The high ADX value value for GVAL suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 29.11 | 28.76 | 0.35 (1.20%) | 25.00% |
| An entry @29.11. This is a Buy Stop order right above the resistance zone. | An exit @28.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 1.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%. |
- The distance between exit and entry is rather small compared to the average daily movement of GVAL. Please evaluate whether better entry and exit points can be found.
- 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.
28.95
+0.24 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.84%
1 Week-0.03%
2 Weeks0.77%
1 Month1.94%
3 Month7.66%
6 Month18.7%
12 Month37.11%
2 Year50.7%
3 Year80.6%
5 Year68.02%
10 Year58.2%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%0.92%
ATR Inc2.64%
Range Today0.26
ADR(20)0.24
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.5
Mansfield0.93
10 Day High29.19
10 Day Low28.34
20 Day High29.19
20 Day Low28.33
52 Week High29.19
52 Week Low20.4
CS1 End28.87
CR1 Start28.98
Volume & EV
DER(3)1.7%
DER(5)2.92%
Volume97.00K
Volume Incr-3.66%
Vol(5)144.76K
Vol(50)140.91K