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US Momentum Mkt Neutral ETF Quantshares (MOM) Stock Technical Analysis

USA - NYSE Arca - NYSEARCA:MOM -

21.5366
-0.25 (-1.15%)
Last: 3/12/2021, 8:04:00 PM
Technical Rating and Analysis

0

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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MOM is a bad performer in the overall market: 98% of all stocks are doing better.
MOM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
MOM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: MOM has an average volume of 11090 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
US Momentum Mkt Neutral ETF Quantshares / MOM Weekly stock chart
US Momentum Mkt Neutral ETF Quantshares / MOM Daily stock chart
Setup Rating and Analysis

4

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.

Support and Resistance Analysis

21.32

31.25

We can see 3 important resistance areas.

  • A resistance zone ranging from 21.55 to 21.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @26.11 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 30.74 to 30.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for MOM is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for MOM is down.
ChartMill Relative Strength2.27NEGATIVEMOM has a low relative strength, it was outperformed by 97.73% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of MOM is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of MOM is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of MOM is below a declining SMA(200).
Relative Strength Index/RSI (14)32.12NEUTRALThe RSI value for MOM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.14NEGATIVEThe MACD value suggests MOM has a negative trend, although the MACD value is rising.
Stochastics (14,3)21.52NEUTRALThe Stochastics value for MOM is a neutral value.
Average True Range in percent/ATR (20)3.31MEDIUM VOLATILITYThe ATR as a percentage value for MOM suggests some volalility.
Chart- and CandleStick Pattern Analysis
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)
US Momentum Mkt Neutral ETF Quantshares / MOM Daily stock chart

US Momentum Mkt Neutral ETF Quantshares

NYSEARCA:MOM (3/12/2021, 8:04:00 PM)

21.5366

-0.25 (-1.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.15%
1 Week0.1%
2 Weeks-8.35%
1 Month-15.64%
3 Month-13.76%
6 Month-26.88%
12 Month-23.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%3.31%
ATR Inc-50.61%
Range Today0.21
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
CRS2.27
3 months CRSN/A
6 months CRSN/A
Mansfield-3.58
10 Day High23.7
10 Day Low20.6
20 Day High26.3
20 Day Low20.6
52 Week High32.73
52 Week Low20.6
CS1 EndN/A
CR1 Start21.55
Volume & EV
DER(3)0%
DER(5)-5.5%
Volume1.00K
Volume Incr-79.28%
Vol(5)1.86K
Vol(50)11.09K

US Momentum Mkt Neutral ETF Quantshares / MOM FAQ

What is the technical rating for MOM stock?

ChartMill assigns a technical rating of 0 / 10 to MOM.


What is the current trend direction of US Momentum Mkt Neutral ETF Quantshares (MOM) stock?

The current trend direction for US Momentum Mkt Neutral ETF Quantshares (MOM) is Bearish.


What is the RSI signal for US Momentum Mkt Neutral ETF Quantshares (MOM) stock?

US Momentum Mkt Neutral ETF Quantshares (MOM) has an RSI value of 32.1202. This indicates that the stock is currently neutral.


What is the MACD signal for MOM stock?

The MACD indicator for US Momentum Mkt Neutral ETF Quantshares (MOM) has a value of -0.135906, indicating a bearish trend.


What is the short term momentum for MOM stock?

The short term momentum for US Momentum Mkt Neutral ETF Quantshares (MOM) is negative.