Direxion Moonshot Innovators ETF (MOON) Technical Analysis
NYSEARCA:MOON • US25460G7328
Current stock price
MOON Technical Rating and Analysis
Overall MOON gets a technical rating of 5 out of 10. 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 Weekly and Daily overview Charts
MOON Setup Rating and Analysis
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
MOON Support and Resistance Analysis
8.80
4 important support areas can be observed.
- 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.
4 important resistance areas can be observed.
- 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.
MOON 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 | 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. |
MOON Chart- and CandleStick Pattern Analysis
MOON Technicals: Chart, Performance Metrics, Trend & Indicators
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%)
Direxion Moonshot Innovators ETF / MOON TA FAQ
What is the technical rating for MOON stock?
ChartMill assigns a technical rating of 5 / 10 to MOON.
What is the current trend direction of Direxion Moonshot Innovators ETF (MOON) stock?
The current trend direction for Direxion Moonshot Innovators ETF (MOON) is Bearish.
What is the RSI signal for Direxion Moonshot Innovators ETF (MOON) stock?
Direxion Moonshot Innovators ETF (MOON) has an RSI value of 54.366. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Direxion Moonshot Innovators ETF?
The MACD indicator for Direxion Moonshot Innovators ETF (MOON) has a value of 0.0916882, indicating a bearish trend.
What is the short term momentum for MOON stock?
The short term momentum for Direxion Moonshot Innovators ETF (MOON) is positive.