Taking everything into account, INTW scores 7 out of 10 in our technical rating. Although INTW is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
INTW has an excellent technical rating, but the quality of the setup is only medium 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.
49.71
2 important support areas can be observed.
We found 1 important resistance area.
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 | MIXED | The current price of INTW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INTW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INTW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.43 | NEUTRAL | The RSI value for INTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.27 | NEGATIVE | The MACD value suggests INTW has a negative trend. |
| Stochastics (14,3) | 36.31 | NEUTRAL | The Stochastics value for INTW is a neutral value. |
| Average True Range in percent/ATR (20) | 15.49 | HIGH VOLATILITY | The high ATR as a percentage value for INTW suggests high volalility. |
| Average Directional Index/ADX (14) | 29.51 | POSITIVE | The high ADX value value for INTW suggests a strong trend. |
61.48
-6.16 (-9.11%)
ChartMill assigns a technical rating of 7 / 10 to INTW.
The current trend direction for GRANITE 2X LONG INTC ETF (INTW) is Bullish.
GRANITE 2X LONG INTC ETF (INTW) has an RSI value of 50.4314. This indicates that the stock is currently neutral.
The MACD indicator for GRANITE 2X LONG INTC ETF (INTW) has a value of -1.26649, indicating a bearish trend.
The buy/sell signal for GRANITE 2X LONG INTC ETF (INTW) is buy as both the short term and long term trends are positive.