SPDR MSCI ACWI LOW CARBON (LOWC) Stock Technical Analysis
USA - NYSEARCA:LOWC - US78463X1946 - ETF
120.751
-1.85 (-1.51%)
121.584
+0.83 (+0.69%)
Overall LOWC gets a technical rating of 1 out of 10. LOWC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month LOWC has a been trading in the 120.63 - 127.93 range, which is quite wide. It is currently trading near the lows of this range.
Warning: LOWC has an average volume of 27304 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, LOWC turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
LOWC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LOWC is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of LOWC 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
114.30
136.04
When analyzing the support we notice one important area.
- A support zone ranging from 115.45 to 118.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 122.24 to 124.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 126.11 to 129.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 132.32 to 134.69. 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 | DOWN | NEGATIVE | The long term trend for LOWC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LOWC is neutral. |
| ChartMill Relative Strength | 64.08 | NEUTRAL | LOWC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LOWC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LOWC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LOWC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.54 | NEUTRAL | The RSI value for LOWC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests LOWC has a negative trend. |
| Stochastics (14,3) | 18.86 | OVERSOLD | The low Stochastics value suggests LOWC may be oversold. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for LOWC 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)
120.751
-1.85 (-1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.51%
1 Week-1.59%
2 Weeks-2.38%
1 Month-2.34%
3 Month-3.41%
6 Month-8.25%
12 Month-3.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.34
ATR(20)%1.1%
ATR Inc32.84%
Range Today3.06
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
CRS64.08
Mansfield-0.43
10 Day High124.36
10 Day Low120.63
20 Day High127.93
20 Day Low120.63
52 Week High134.86
52 Week Low115.1
CS1 End118.09
CR1 Start122.24
Volume & EV
DER(3)0%
DER(5)0%
Volume1.24M
Volume Incr5346.93%
Vol(5)248.38K
Vol(50)27.30K