GRANITE 2X LONG INTC ETF (INTW) Stock Technical Analysis
USA - NASDAQ:INTW - US38747R5533 - ETF
47.09 USD
+3.66 (+8.43%)
46.78 USD
-0.31 (-0.66%)
We assign a technical rating of 7 out of 10 to INTW. Although INTW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than INTW.
The long and short term trends are both positive. This is looking good!
INTW has an average volume of 1992170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month INTW has a been trading in the 29.13 - 53.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although INTW has an excellent technical rating, it does not present a decent entry opportunity 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
19.80
49.56
We found 3 important support areas.
- Support @43.42 from a horizontal line in the daily time frame.
- Support @26.85 from a trend line in the daily time frame.
- Support @20.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @49.07 from a horizontal line in the daily time frame.
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 INTW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INTW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | INTW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INTW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INTW is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 63.68 | NEUTRAL | The RSI value for INTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests INTW has a negative trend. |
| Stochastics (14,3) | 59.32 | NEUTRAL | The Stochastics value for INTW is a neutral value. |
| Average True Range in percent/ATR (20) | 10.9 | HIGH VOLATILITY | The high ATR as a percentage value for INTW suggests high volalility. |
| Average Directional Index/ADX (14) | 47.73 | POSITIVE | The high ADX value value for INTW 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)
47.09
+3.66 (+8.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg8.43%
1 Week-2.22%
2 Weeks5.7%
1 Month107.35%
3 Month126.94%
6 Month214.56%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.92
ATR(20)%10.9%
ATR Inc9.5%
Range Today4.51
ADR(20)4.42
ADR(20)%9.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High53.79
10 Day Low41.02
20 Day High53.79
20 Day Low29.13
52 Week HighN/A
52 Week LowN/A
CS1 End43.42
CR1 Start49.07
Volume & EV
DER(3)-1%
DER(5)-2.97%
Volume1.58M
Volume Incr-28.53%
Vol(5)1.79M
Vol(50)1.99M