Innovator Ibd ETF Leaders ETF (LDRS) Stock Technical Analysis
NYSEARCA:LDRS - NYSE Arca -
We assign a technical rating of 7 out of 10 to LDRS. Although LDRS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: LDRS has an average volume of 1859 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
LDRS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LDRS is performing more or less in line with the market.
In the last month LDRS has a been trading in the 26.10 - 28.50 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, LDRS outperforms 48% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
LDRS 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.
More info and screens
25.56
29.23
We found 3 important support areas.
- A support zone ranging from 27.58 to 28.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.56 to 26.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.82 to 25.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.68 to 28.94. This zone is formed by a combination of multiple trend lines 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 LDRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LDRS is up. |
| ChartMill Relative Strength | 48.98 | NEUTRAL | LDRS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LDRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LDRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LDRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.91 | NEUTRAL | The RSI value for LDRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests LDRS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.16 | OVERBOUGHT | The high Stochastics value suggests LDRS may be overbought. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for LDRS suggests low volalility. |
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 |
|---|---|---|---|
| 28.51 | 27.46 | 1.05 (3.68%) | 25.00% |
| An entry @28.51. This is a Buy Stop order right above the 10 day high. | An exit @27.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.05 points, which is 3.68%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%. |
- 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.
NYSEARCA:LDRS (8/13/2021, 8:13:50 PM)
28.27
-0.15 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.53%
1 Week0.3%
2 Weeks3.05%
1 Month5.76%
3 Month1.58%
6 Month-4.56%
12 Month20.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.03%
ATR Inc-47.81%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.98
Mansfield-1.04
10 Day High28.5
10 Day Low27.47
20 Day High28.5
20 Day Low26.1
52 Week High29.77
52 Week Low23.82
CS1 End28.08
CR1 Start28.68
Volume & EV
DER(3)0%
DER(5)0%
Volume1.70K
Volume Incr-67.44%
Vol(5)740
Vol(50)1.86K