NYSEARCA:MILK - NYSE Arca - US69374H2792 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to MILK. In the last year, MILK was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MILK 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.
23.11
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 MILK is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MILK is up. |
ChartMill Relative Strength | 0 | NEGATIVE | MILK has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MILK is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MILK is above a declining SMA(50). |
Relative Strength Index/RSI (14) | 53.7 | NEUTRAL | The RSI value for MILK is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MILK has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 86.76 | OVERBOUGHT | The high Stochastics value suggests MILK may be overbought. |
Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for MILK suggests low volalility. |
Average Directional Index/ADX (14) | 16.06 | NEGATIVE | The low ADX value for MILK suggests a weak or negative trend. |
NYSEARCA:MILK (6/6/2025, 8:09:47 PM)
24.134
-0.11 (-0.44%)