ROUNDHILL BALL METAVERSE ETF (METV) Technical Analysis
NYSEARCA:METV • US53656F4173
Current stock price
METV Technical Rating and Analysis
Overall METV gets a technical rating of 1 out of 10. METV 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 negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month METV has a been trading in the 15.16 - 16.84 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the performance of all stocks over the past year, METV turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
- METV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so METV is lagging the market slightly.
METV Weekly and Daily overview Charts
METV Setup Rating and Analysis
The technical rating of METV 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
METV Support and Resistance Analysis
12.02
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.22 to 15.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 15.94 to 16.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.63 to 16.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.38 from a trend line in the daily time frame.
- Resistance @18.23 from a trend line in the weekly time frame.
- Resistance @19.64 from a horizontal line in the daily time frame.
METV 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 METV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for METV is down. |
| ChartMill Relative Strength | 47.38 | NEUTRAL | METV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of METV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of METV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of METV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.16 | NEUTRAL | The RSI value for METV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests METV has a negative trend. |
| Stochastics (14,3) | 2.76 | OVERSOLD | The low Stochastics value suggests METV may be oversold. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for METV suggests some volalility. |
| Average Directional Index/ADX (14) | 32.63 | POSITIVE | The high ADX value value for METV suggests a strong trend. |
METV Chart- and CandleStick Pattern Analysis
METV Technicals: Chart, Performance Metrics, Trend & Indicators
15.25
+0.02 (+0.13%)
ROUNDHILL BALL METAVERSE ETF / METV TA FAQ
Can you provide the ChartMill technical rating for ROUNDHILL BALL METAVERSE ETF?
ChartMill assigns a technical rating of 1 / 10 to METV.
Can you provide the trend direction for ROUNDHILL BALL METAVERSE ETF?
The current trend direction for ROUNDHILL BALL METAVERSE ETF (METV) is Bearish.
What is the RSI signal for METV stock?
ROUNDHILL BALL METAVERSE ETF (METV) has an RSI value of 33.158. This indicates that the stock is currently neutral.
What is the short term momentum for METV stock?
The short term momentum for ROUNDHILL BALL METAVERSE ETF (METV) is negative.
Can you provide the buy/sell signal for ROUNDHILL BALL METAVERSE ETF?
The buy/sell signal for ROUNDHILL BALL METAVERSE ETF (METV) is sell as both the short term and long term trends are negative.