TCW TRANSFORM SYSTEMS ETF (NETZ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NETZ - US29287L2051 - ETF
Taking everything into account, NETZ scores 10 out of 10 in our technical rating. 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.
NETZ has an excellent technical rating and 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
We found 2 important support 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. |
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%. | When investing 23.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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%)
TCW TRANSFORM SYSTEMS ETF / NETZ FAQ
What is the ChartMill technical rating of TCW TRANSFORM SYSTEMS ETF (NETZ) stock?
ChartMill assigns a technical rating of 10 / 10 to NETZ.
Can you provide the trend direction for TCW TRANSFORM SYSTEMS ETF?
The current trend direction for TCW TRANSFORM SYSTEMS ETF (NETZ) is Bullish.
Can you provide the RSI signal for TCW TRANSFORM SYSTEMS ETF?
TCW TRANSFORM SYSTEMS ETF (NETZ) has an RSI value of 52.3652. This indicates that the stock is currently neutral.
What is the MACD signal for NETZ stock?
The MACD indicator for TCW TRANSFORM SYSTEMS ETF (NETZ) has a value of -0.171863, indicating a bearish trend.
What is the support and resistance level for NETZ stock?
TCW TRANSFORM SYSTEMS ETF (NETZ) has a support level at 77.85. Check the full technical report for our detailed analysis of NETZ support and resistance levels.