ISHARES SH DBA ETF USD INC (NEAR) Stock Technical Analysis
USA - NYSEARCA:NEAR - US46431W5076 - ETF
51.18 USD
0 (0%)
51.18 USD
0 (0%)
Overall NEAR gets a technical rating of 5 out of 10. NEAR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NEAR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NEAR is lagging the market slightly.
When compared to the yearly performance of all other stocks, NEAR outperforms 42% of them, which is more or less in line with the market.
In the last month NEAR has a been trading in a tight range between 51.12 and 51.35.
Although the technical rating is only medium, NEAR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 51.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NEAR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
49.50
51.84
When analyzing the support we notice one important area.
- A support zone ranging from 50.00 to 51.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.18 to 51.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 NEAR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEAR is neutral. |
| ChartMill Relative Strength | 42.52 | NEUTRAL | NEAR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.17 | NEUTRAL | The RSI value for NEAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NEAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.62 | NEUTRAL | The Stochastics value for NEAR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.1 | LOW VOLATILITY | The low ATR as a percentage value for NEAR suggests low volalility. |
| Average Directional Index/ADX (14) | 16.46 | NEGATIVE | The low ADX value for NEAR suggests a weak or negative 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)
51.18
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.04%
2 Weeks-0.17%
1 Month-0.18%
3 Month0.45%
6 Month0.95%
12 Month0.47%
2 Year2.52%
3 Year4.15%
5 Year2.07%
10 Year2.3%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.1%
ATR Inc33.82%
Range Today0.07
ADR(20)0.04
ADR(20)%0.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.52
Mansfield-0.89
10 Day High51.3
10 Day Low51.12
20 Day High51.35
20 Day Low51.12
52 Week High51.35
52 Week Low50.25
CS1 End51.17
CR1 Start51.18
Volume & EV
DER(3)7.38%
DER(5)4.5%
Volume314.33K
Volume Incr-7.6%
Vol(5)425.05K
Vol(50)425.90K