GLOBAL X US PREFERRED ETF (PFFD) Stock Technical Analysis
NYSEARCA:PFFD - NYSE Arca - US37954Y6573 - ETF - Currency: USD
Taking everything into account, PFFD scores 1 out of 10 in our technical rating. PFFD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
70% of all other stocks performed better in the past year than PFFD.
PFFD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PFFD is lagging the market.
PFFD has an average volume of 1056720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PFFD has a been trading in a tight range between 18.45 and 18.99.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PFFD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.72, a Stop Loss order could be placed below this zone.
More info and screens
17.93
21.21
We found 2 important support areas.
- A support zone ranging from 18.57 to 18.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.11 to 18.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 18.83 to 18.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.20 from a trend line in the daily time frame.
- A resistance zone ranging from 19.96 to 20.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 20.96 to 21.00. 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 | DOWN | NEGATIVE | The long term trend for PFFD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PFFD is neutral. |
| ChartMill Relative Strength | 30.19 | NEUTRAL | PFFD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFFD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PFFD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PFFD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.38 | NEUTRAL | The RSI value for PFFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PFFD has a positive trend. |
| Stochastics (14,3) | 51.85 | NEUTRAL | The Stochastics value for PFFD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.73 | LOW VOLATILITY | The low ATR as a percentage value for PFFD suggests low volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for PFFD 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)
18.75
+0.04 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.21%
1 Week0.86%
2 Weeks0.81%
1 Month0.11%
3 Month-3.5%
6 Month-6.2%
12 Month-4.29%
2 Year-3.3%
3 Year-11.6%
5 Year-20.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.73%
ATR Inc-27.67%
Range Today0.09
ADR(20)0.13
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.19
Mansfield-0.94
10 Day High18.8
10 Day Low18.45
20 Day High18.99
20 Day Low18.45
52 Week High21.08
52 Week Low17.81
CS1 End18.72
CR1 Start18.83
Volume & EV
DER(3)-2.5%
DER(5)-2.67%
Volume528.72K
Volume Incr6.17%
Vol(5)612.63K
Vol(50)1.06M