
USA - NYSEARCA:MEME - US77926X8175 - ETF
Taking everything into account, MEME scores 3 out of 10 in our technical rating. MEME performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
MEME has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
8.11
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 MEME is up. | 
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MEME is up. | 
| ChartMill Relative Strength | 0 | NEGATIVE | MEME has a low relative strength, it was outperformed by 100% off all stocks on the market. | 
| Relative Strength Index/RSI (14) | 31.36 | NEUTRAL | The RSI value for MEME is a neutral value. | 
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests MEME has a negative trend. | 
| Stochastics (14,3) | 7.13 | OVERSOLD | The low Stochastics value suggests MEME may be oversold. | 
| Average Directional Index/ADX (14) | 27.3 | POSITIVE | The high ADX value value for MEME suggests a strong trend. | 
8.19
-0.41 (-4.77%)
ChartMill assigns a technical rating of 3 / 10 to MEME.
The current trend direction for ROUNDHILL MEME STOCK ETF (MEME) is Bullish.
ROUNDHILL MEME STOCK ETF (MEME) has an RSI value of 31.3649. This indicates that the stock is currently neutral.
The short term momentum for ROUNDHILL MEME STOCK ETF (MEME) is positive.