ADVISORSHARES PURE US CANN (MSOS) Stock Technical Analysis
NYSEARCA:MSOS - NYSE Arca - US00768Y4531 - ETF - Currency: USD
Overall MSOS gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MSOS is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month MSOS has a been trading in the 2.68 - 5.38 range, which is quite wide. It is currently trading near the high of this range.
MSOS has an average volume of 8817180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MSOS is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MSOS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MSOS is lagging the market.
Volume is considerably higher in the last couple of days.
Although MSOS has an excellent technical rating, it 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
2.07
5.00
When analyzing the support we can see 3 important areas.
- Support @4.54 from a horizontal line in the daily time frame.
- Support @3.18 from a trend line in the daily time frame.
- Support @2.09 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 | UP | POSITIVE | The long term trend for MSOS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MSOS is up. |
| ChartMill Relative Strength | 88.02 | POSITIVE | MSOS has a high relative strength, it outperformed 88.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MSOS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MSOS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MSOS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.95 | NEUTRAL | The RSI value for MSOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests MSOS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.42 | NEUTRAL | The Stochastics value for MSOS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for MSOS suggests high volalility. |
| Average Directional Index/ADX (14) | 46.63 | POSITIVE | The high ADX value value for MSOS 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)
4.95
+0.4 (+8.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg8.79%
1 Week5.32%
2 Weeks48.65%
1 Month74.91%
3 Month94.12%
6 Month47.76%
12 Month-30.77%
2 Year-26.67%
3 Year-62.04%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%8.4%
ATR Inc25.53%
Range Today0.41
ADR(20)0.4
ADR(20)%8.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.02
Mansfield1.46
10 Day High5.38
10 Day Low3.2
20 Day High5.38
20 Day Low2.68
52 Week High7.92
52 Week Low2.02
CS1 End4.54
CR1 StartN/A
Volume & EV
DER(3)0.04%
DER(5)2.1%
Volume13.39M
Volume Incr74.74%
Vol(5)18.71M
Vol(50)8.82M