AMPLIFY CYBERSECURITY ETF (HACK) Stock Technical Analysis
NYSEARCA:HACK - US0321086649 - ETF
86.72 USD
+0.77 (+0.9%)
86.5 USD
-0.22 (-0.25%)
We assign a technical rating of 9 out of 10 to HACK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HACK is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, HACK did better than 75% of all other stocks. We also observe that the gains produced by HACK over the past year are nicely spread over this period.
HACK 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 HACK has a been trading in the 81.56 - 87.05 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although HACK 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.
More info and screens
68.53
88.58
When analyzing the support we can see 4 important areas.
- Support @86.40 from a trend line in the weekly time frame.
- A support zone ranging from 81.33 to 84.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @79.80 from a horizontal line in the daily time frame.
- Support @69.22 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 86.73 to 87.70. 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 HACK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HACK is up. |
| ChartMill Relative Strength | 75.62 | POSITIVE | HACK has a high relative strength, it outperformed 75.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HACK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HACK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HACK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.56 | NEUTRAL | The RSI value for HACK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests HACK has a positive trend. |
| Stochastics (14,3) | 88.15 | OVERBOUGHT | The high Stochastics value suggests HACK may be overbought. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for HACK suggests low volalility. |
| Average Directional Index/ADX (14) | 18.75 | NEGATIVE | The low ADX value for HACK suggests a weak or negative 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)
86.72
+0.77 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.9%
1 Week4.02%
2 Weeks3.52%
1 Month3.37%
3 Month4.68%
6 Month17.38%
12 Month30.84%
2 Year68.06%
3 Year99.95%
5 Year86.33%
10 Year243.45%
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%1.47%
ATR Inc-4.58%
Range Today0.94
ADR(20)1.14
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.62
Mansfield0.13
10 Day High87.05
10 Day Low82.1
20 Day High87.05
20 Day Low81.56
52 Week High87.86
52 Week Low61.59
CS1 End86.4
CR1 Start86.73
Volume & EV
DER(3)-7.38%
DER(5)-3.22%
Volume81.80K
Volume Incr-34.39%
Vol(5)63.84K
Vol(50)118.71K