ADVISORSHARES PURE US CANN (MSOS) Stock Technical Analysis
NYSEARCA:MSOS - NYSE Arca - US00768Y4531 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to MSOS. MSOS'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.
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, MSOS is a bad performer in the overall market: 94% of all stocks are doing better.
MSOS 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 MSOS is lagging the market.
In the last month MSOS has a been trading in the 2.54 - 3.38 range, which is quite wide. It is currently trading near the lows of this range.
MSOS has an average volume of 5774400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
MSOS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.54, a Stop Loss order could be placed below this zone.
More info and screens
2.51
5.02
When analyzing the support we notice one important area.
- A support zone ranging from 2.54 to 2.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.58 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.80 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.98 from a trend line in the daily time frame.
- Resistance @4.97 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for MSOS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSOS is down. |
| ChartMill Relative Strength | 6.98 | NEGATIVE | MSOS has a low relative strength, it was outperformed by 93.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSOS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MSOS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MSOS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.45 | NEUTRAL | The RSI value for MSOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MSOS has a negative trend. |
| Stochastics (14,3) | 3.91 | OVERSOLD | The low Stochastics value suggests MSOS may be oversold. |
| Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for MSOS suggests high volalility. |
| Average Directional Index/ADX (14) | 24.91 | NEUTRAL | The ADX value for MSOS suggests a possible start of a new 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)
2.55
-0.04 (-1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.54%
1 Week-1.92%
2 Weeks-1.92%
1 Month-9.25%
3 Month-23.88%
6 Month-42.7%
12 Month-68.79%
2 Year-53.89%
3 Year-81.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%7.92%
ATR Inc-57.55%
Range Today0.05
ADR(20)0.2
ADR(20)%7.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.98
Mansfield-5.06
10 Day High2.91
10 Day Low2.54
20 Day High3.38
20 Day Low2.54
52 Week High8.25
52 Week Low2.02
CS1 End2.54
CR1 Start2.58
Volume & EV
DER(3)-7.45%
DER(5)-5.82%
Volume1.80M
Volume Incr-59.8%
Vol(5)3.28M
Vol(50)5.77M