TCW TRANSFORM SYSTEMS ETF (NETZ) Stock Technical Analysis
USA - NYSE:NETZ - US29287L2051 - ETF
78.17 USD
-0.68 (-0.86%)
74.21 USD
-3.96 (-5.07%)
Overall NETZ gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NETZ has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, NETZ did better than 82% of all other stocks. We also observe that the gains produced by NETZ over the past year are nicely spread over this period.
NETZ 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 NETZ is lagging the market slightly.
In the last month NETZ has a been trading in the 73.21 - 83.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NETZ also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 77.85, a Stop Loss order could be placed below this zone.
More info and screens
71.56
78.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 76.00 to 77.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 72.28 to 74.46. This zone is formed by a combination of multiple trend lines 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 NETZ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NETZ is neutral. |
| ChartMill Relative Strength | 82.97 | POSITIVE | NETZ has a high relative strength, it outperformed 82.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NETZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NETZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NETZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.37 | NEUTRAL | The RSI value for NETZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests NETZ has a negative trend. |
| Stochastics (14,3) | 35.91 | NEUTRAL | The Stochastics value for NETZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for NETZ suggests some volalility. |
| Average Directional Index/ADX (14) | 22.34 | NEUTRAL | The ADX value for NETZ 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 79.38 | 75.99 | 3.39 (4.27%) | 23.40% |
| An entry @79.38. This is a Buy Stop order right above the 10 day moving average. | An exit @75.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.39 points, which is 4.27%. | For a 1.00% total portfolio risk, you can invest 23.40% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
78.17
-0.68 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.86%
1 Week-4.96%
2 Weeks-0.45%
1 Month7.72%
3 Month7.3%
6 Month19.18%
12 Month30.98%
2 Year56.39%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.73
ATR(20)%2.02%
ATR Inc3.78%
Range Today1.19
ADR(20)0.96
ADR(20)%1.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.97
Mansfield0.13
10 Day High83.36
10 Day Low75.02
20 Day High83.36
20 Day Low73.21
52 Week High83.36
52 Week Low59.13
CS1 End77.85
CR1 StartN/A
Volume & EV
DER(3)-1.23%
DER(5)-2.54%
Volume18.90K
Volume Incr-4.68%
Vol(5)26.30K
Vol(50)44.07K