ISHRS PRIME MMKT ETF (PMMF) Stock Technical Analysis
USA - NYSEARCA:PMMF - US09290C7561 - ETF
Overall PMMF gets a technical rating of 3 out of 10. In the last year, PMMF was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
PMMF has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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99.11
When analyzing the support we notice one important area.
- A support zone ranging from 100.11 to 100.33. 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 100.39 to 100.57. 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 PMMF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PMMF is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | PMMF has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMMF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PMMF is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.63 | NEUTRAL | The RSI value for PMMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PMMF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.5 | NEUTRAL | The Stochastics value for PMMF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.04 | LOW VOLATILITY | The low ATR as a percentage value for PMMF suggests low volalility. |
| Average Directional Index/ADX (14) | 19.35 | NEGATIVE | The low ADX value for PMMF suggests a weak or negative trend. |
100.38
0 (0%)
ISHRS PRIME MMKT ETF / PMMF FAQ
What is the ChartMill technical rating of ISHRS PRIME MMKT ETF (PMMF) stock?
ChartMill assigns a technical rating of 3 / 10 to PMMF.
What is the trend direction for PMMF stock?
The current trend direction for ISHRS PRIME MMKT ETF (PMMF) is Bullish.
Can you provide the RSI signal for ISHRS PRIME MMKT ETF?
ISHRS PRIME MMKT ETF (PMMF) has an RSI value of 49.6321. This indicates that the stock is currently neutral.
What is the short term momentum for ISHRS PRIME MMKT ETF (PMMF) stock?
The short term momentum for ISHRS PRIME MMKT ETF (PMMF) is neutral.