AMPLIFY CYBERSECURITY ETF (HACK) Stock Technical Analysis
NYSEARCA:HACK - NYSE Arca - US0321086649 - ETF - Currency: USD
Taking everything into account, HACK scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, HACK has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by HACK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month HACK has a been trading in the 81.55 - 86.96 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, HACK did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
HACK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 84.11, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
66.58
87.59
3 important support areas can be observed.
- A support zone ranging from 84.33 to 85.48. 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 82.41 to 82.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.25 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 86.72 to 86.72. 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 | 84.26 | POSITIVE | HACK has a high relative strength, it outperformed 84.26% 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) | 66.35 | NEUTRAL | The RSI value for HACK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HACK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80.18 | OVERBOUGHT | The high Stochastics value suggests HACK may be overbought. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for HACK suggests low volalility. |
| Average Directional Index/ADX (14) | 15.09 | 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)
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 |
|---|---|---|---|
| 85.62 | 81.54 | 4.08 (4.76%) | 20.99% |
| An entry @85.62. This is a Buy Stop order right above the resistance zone. | An exit @81.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.08 points, which is 4.76%. | When investing 20.99% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
86.71
+1.61 (+1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.89%
1 Week1.28%
2 Weeks4.04%
1 Month3.41%
3 Month34.06%
6 Month15.05%
12 Month32.18%
2 Year65.6%
3 Year80.16%
5 Year79.15%
10 Year183.83%
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%1.49%
ATR Inc0.19%
Range Today1.48
ADR(20)1.21
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.26
Mansfield0.88
10 Day High86.96
10 Day Low81.55
20 Day High86.96
20 Day Low81.55
52 Week High86.96
52 Week Low58.33
CS1 End84.11
CR1 Start85.21
Volume & EV
DER(3)1.67%
DER(5)2.37%
Volume93.70K
Volume Incr15.18%
Vol(5)170.54K
Vol(50)138.02K