CS X-Links Multi-Asset High Income ETN (MLTI) Stock Technical Analysis
USA - NYSEARCA:MLTI -
23.15
+1.99 (+9.43%)
We assign a technical rating of 4 out of 10 to MLTI. Recently some decent action could be observed, but in the medium term time frame this is still negative. MLTI was also a bad performer in the overall market in the last year.
89% of all other stocks performed better in the past year than MLTI.
Warning: MLTI has an average volume of 362 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MLTI has a been trading in the 11.69 - 24.21 range, which is quite wide. It is currently trading near the high of this range.
MLTI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLTI is lagging the market.
Volume is considerably higher in the last couple of days.
MLTI has an average technical rating and it also does not offer a high 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
20.30
27.80
We found 1 important support area.
- A support zone ranging from 20.50 to 20.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.16 to 23.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.70 from a horizontal line in the daily time frame.
- Resistance @27.52 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for MLTI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLTI is up. |
| ChartMill Relative Strength | 11.22 | NEGATIVE | MLTI has a low relative strength, it was outperformed by 88.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MLTI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLTI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.93 | OVERBOUGHT | The high RSI value suggests MLTI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests MLTI has a positive trend. |
| Stochastics (14,3) | 80.6 | OVERBOUGHT | The high Stochastics value suggests MLTI may be overbought. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for MLTI suggests some 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)
CS X-Links Multi-Asset High Income ETN
NYSEARCA:MLTI (6/11/2020, 8:08:17 PM)
23.15
+1.99 (+9.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg9.43%
1 Week2.21%
2 Weeks2.21%
1 Month56.95%
3 Month-10.74%
6 Month-16.69%
12 Month-14.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.44
ATR(20)%4.35%
ATR Inc-17.9%
Range Today1.14
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
CRS11.22
Mansfield-0.79
10 Day High23.15
10 Day Low19.2
20 Day High24.21
20 Day Low11.69
52 Week High28.7
52 Week Low11.69
CS1 End20.5
CR1 Start23.16
Volume & EV
DER(3)0%
DER(5)1.48%
Volume4.20K
Volume Incr480.06%
Vol(5)1.46K
Vol(50)362.68