Direxion Moonshot Innovators ETF (MOON) Stock Technical Analysis
NYSEARCA:MOON - US25460G7328 - ETF
10.33 USD
-0.21 (-1.99%)
10.3 USD
-0.03 (-0.29%)
We assign a technical rating of 5 out of 10 to MOON. Recently some decent action could be observed, but in the medium term time frame this is still negative. MOON was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MOON is a bad performer in the overall market: 75% of all stocks are doing better.
MOON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: MOON has an average volume of 18824 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 MOON has a been trading in the 9.25 - 11.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
MOON 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
8.80
11.84
We found 4 important support areas.
- A support zone ranging from 9.85 to 9.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.40 to 9.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.04 from a horizontal line in the daily time frame.
- A support zone ranging from 8.89 to 8.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.44 to 10.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.19 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.43 to 11.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.72 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 MOON is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MOON is up. |
| ChartMill Relative Strength | 25.95 | NEGATIVE | MOON has a low relative strength, it was outperformed by 74.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MOON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MOON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.37 | NEUTRAL | The RSI value for MOON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests MOON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.54 | NEUTRAL | The Stochastics value for MOON is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for MOON suggests some volalility. |
| Average Directional Index/ADX (14) | 25.86 | POSITIVE | The high ADX value value for MOON suggests a strong trend. |
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)
Direxion Moonshot Innovators ETF
NYSEARCA:MOON (7/19/2024, 8:04:01 PM)
After market: 10.3 -0.03 (-0.29%)10.33
-0.21 (-1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.99%
1 Week-3.1%
2 Weeks7.38%
1 Month10.25%
3 Month16.07%
6 Month7.72%
12 Month-26.11%
2 Year-30.95%
3 Year-68.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2.52%
ATR Inc51.25%
Range Today0.18
ADR(20)0.23
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.95
Mansfield-1.33
10 Day High11.44
10 Day Low9.68
20 Day High11.44
20 Day Low9.25
52 Week High14.95
52 Week Low8.57
CS1 End9.96
CR1 Start10.44
Volume & EV
DER(3)-1.19%
DER(5)-0.52%
Volume46.10K
Volume Incr124.03%
Vol(5)44.38K
Vol(50)18.82K