Overall MOM gets a technical rating of 0 out of 10. MOM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MOM has a poor technical rating and the quality of the setup is also 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.
21.32
We can see 3 important resistance areas.
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 MOM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MOM is down. |
| ChartMill Relative Strength | 2.27 | NEGATIVE | MOM has a low relative strength, it was outperformed by 97.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MOM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MOM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.12 | NEUTRAL | The RSI value for MOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests MOM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.52 | NEUTRAL | The Stochastics value for MOM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for MOM suggests some volalility. |
US Momentum Mkt Neutral ETF Quantshares
NYSEARCA:MOM (3/12/2021, 8:04:00 PM)
21.5366
-0.25 (-1.15%)
ChartMill assigns a technical rating of 0 / 10 to MOM.
The current trend direction for US Momentum Mkt Neutral ETF Quantshares (MOM) is Bearish.
US Momentum Mkt Neutral ETF Quantshares (MOM) has an RSI value of 32.1202. This indicates that the stock is currently neutral.
The MACD indicator for US Momentum Mkt Neutral ETF Quantshares (MOM) has a value of -0.135906, indicating a bearish trend.
The short term momentum for US Momentum Mkt Neutral ETF Quantshares (MOM) is negative.