NYSEARCA:MFDX - NYSE Arca - US72202L3713 - ETF - Currency: USD
Overall MFDX gets a technical rating of 4 out of 10. In the last year, MFDX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
MFDX has an average technical rating and also 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.
28.99
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important area.
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 MFDX is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MFDX is down. |
ChartMill Relative Strength | 69.21 | NEUTRAL | MFDX is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MFDX is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MFDX is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MFDX is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 45.22 | NEUTRAL | The RSI value for MFDX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MFDX has a negative trend. |
Stochastics (14,3) | 11.38 | OVERSOLD | The low Stochastics value suggests MFDX may be oversold. |
Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for MFDX suggests low volalility. |
Average Directional Index/ADX (14) | 15.62 | NEGATIVE | The low ADX value for MFDX suggests a weak or negative trend. |
NYSEARCA:MFDX (8/4/2025, 11:39:43 AM)
35.46
+0.37 (+1.05%)