US Momentum Mkt Neutral ETF Quantshares (MOM) Technical Analysis
NYSEARCA:MOM
Current stock price
MOM Technical Rating and Analysis
Taking everything into account, MOM scores 0 out of 10 in our technical rating. MOM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than MOM.
- MOM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MOM is lagging the market.
- 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.
MOM Weekly and Daily overview Charts
MOM Setup Rating and Analysis
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.
More info and screens
MOM Support and Resistance Analysis
21.32
When analyzing the resistance we notice 3 important 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.
MOM 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.
| 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. |
MOM Chart- and CandleStick Pattern Analysis
MOM Technicals: Chart, Performance Metrics, Trend & Indicators
US Momentum Mkt Neutral ETF Quantshares
NYSEARCA:MOM (3/12/2021, 8:04:00 PM)
21.5366
-0.25 (-1.15%)
US Momentum Mkt Neutral ETF Quantshares / MOM TA FAQ
What is the technical rating for MOM stock?
ChartMill assigns a technical rating of 0 / 10 to MOM.
What is the trend direction for MOM stock?
The current trend direction for US Momentum Mkt Neutral ETF Quantshares (MOM) is Bearish.
What is the RSI signal for MOM stock?
US Momentum Mkt Neutral ETF Quantshares (MOM) has an RSI value of 32.1202. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for US Momentum Mkt Neutral ETF Quantshares?
The buy/sell signal for US Momentum Mkt Neutral ETF Quantshares (MOM) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for US Momentum Mkt Neutral ETF Quantshares?
US Momentum Mkt Neutral ETF Quantshares (MOM) has a resistance level at 21.55. Check the full technical report for our detailed analysis of MOM support and resistance levels.