DEFIANCE DLY T 2X L IONQ ETF (IONX) Technical Analysis
NASDAQ:IONX • US88636R2307
Current stock price
IONX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to IONX. IONX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than IONX.
- IONX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IONX is lagging the market.
- In the last month IONX has a been trading in the 16.81 - 35.67 range, which is quite wide. It is currently trading near the lows of this range.
- IONX has an average volume of 4148110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
IONX Weekly and Daily overview Charts
IONX Setup Rating and Analysis
The technical rating of IONX is bad and it also does not present a quality setup 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
IONX Support and Resistance Analysis
21.01
We found 1 important resistance area.
- A resistance zone ranging from 21.33 to 21.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
IONX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for IONX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IONX is down. |
| ChartMill Relative Strength | 2.72 | NEGATIVE | IONX has a low relative strength, it was outperformed by 97.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IONX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IONX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IONX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.51 | NEUTRAL | The RSI value for IONX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests IONX has a positive trend. |
| Stochastics (14,3) | 27.67 | NEUTRAL | The Stochastics value for IONX is a neutral value. |
| Average True Range in percent/ATR (20) | 15.51 | HIGH VOLATILITY | The high ATR as a percentage value for IONX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.13 | POSITIVE | The high ADX value value for IONX suggests a strong trend. |
IONX Chart- and CandleStick Pattern Analysis
IONX Technicals: Chart, Performance Metrics, Trend & Indicators
21.22
-0.11 (-0.52%)
DEFIANCE DLY T 2X L IONQ ETF / IONX TA FAQ
What is the ChartMill technical rating of DEFIANCE DLY T 2X L IONQ ETF (IONX) stock?
ChartMill assigns a technical rating of 0 / 10 to IONX.
What is the trend direction for IONX stock?
The current trend direction for DEFIANCE DLY T 2X L IONQ ETF (IONX) is Bearish.
What is the RSI signal for DEFIANCE DLY T 2X L IONQ ETF (IONX) stock?
DEFIANCE DLY T 2X L IONQ ETF (IONX) has an RSI value of 37.5067. This indicates that the stock is currently neutral.
What is the MACD signal for DEFIANCE DLY T 2X L IONQ ETF (IONX) stock?
The MACD indicator for DEFIANCE DLY T 2X L IONQ ETF (IONX) has a value of 0.129087, indicating a bearish trend.
Can you provide the buy/sell signal for DEFIANCE DLY T 2X L IONQ ETF?
The buy/sell signal for DEFIANCE DLY T 2X L IONQ ETF (IONX) is sell as both the short term and long term trends are negative.