PROSHARES ONLINE RETAIL ETF (ONLN) Stock Technical Analysis
USA - NYSEARCA:ONLN - US74347B1695 - ETF
Overall ONLN gets a technical rating of 2 out of 10. ONLN has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The technical rating of ONLN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
38.17
4 important support areas can be observed.
- A support zone ranging from 55.51 to 55.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.77 from a trend line in the weekly time frame.
- Support @39.25 from a trend line in the weekly time frame.
- Support @38.56 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 57.92 to 59.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.39 to 62.27. 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 ONLN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ONLN is down. |
| ChartMill Relative Strength | 80 | POSITIVE | ONLN has a high relative strength, it outperformed 80% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ONLN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ONLN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ONLN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.48 | NEUTRAL | The RSI value for ONLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests ONLN has a negative trend. |
| Stochastics (14,3) | 5.67 | OVERSOLD | The low Stochastics value suggests ONLN may be oversold. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for ONLN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.6 | NEUTRAL | The ADX value for ONLN suggests a possible start of a new trend. |
55.52
-1.38 (-2.42%)
PROSHARES ONLINE RETAIL ETF / ONLN FAQ
Can you provide the ChartMill technical rating for PROSHARES ONLINE RETAIL ETF?
ChartMill assigns a technical rating of 2 / 10 to ONLN.
What is the current trend direction of PROSHARES ONLINE RETAIL ETF (ONLN) stock?
The current trend direction for PROSHARES ONLINE RETAIL ETF (ONLN) is Bullish.
What is the RSI signal for PROSHARES ONLINE RETAIL ETF (ONLN) stock?
PROSHARES ONLINE RETAIL ETF (ONLN) has an RSI value of 34.4776. This indicates that the stock is currently neutral.
What is the MACD signal for PROSHARES ONLINE RETAIL ETF (ONLN) stock?
The MACD indicator for PROSHARES ONLINE RETAIL ETF (ONLN) has a value of -0.453513, indicating a bearish trend.
Can you provide the support and resistance levels for PROSHARES ONLINE RETAIL ETF?
PROSHARES ONLINE RETAIL ETF (ONLN) has a support level at 55.51 and a resistance level at 57.92. Check the full technical report for our detailed analysis of ONLN support and resistance levels.