Sit Rising Rate ETF (RISE) Technical Analysis
NYSEARCA:RISE
Current stock price
RISE Technical Rating and Analysis
Overall RISE gets a technical rating of 0 out of 10. RISE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RISE is a bad performer in the overall market: 64% of all stocks are doing better.
- RISE is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- Warning: RISE has an average volume of 2889 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month RISE has a been trading in a tight range between 19.85 and 20.27.
- Considerably lower volume is observed in the last couple of days.
RISE Weekly and Daily overview Charts
RISE Setup Rating and Analysis
The technical rating of RISE is bad and it also does not present a quality setup 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.
More info and screens
RISE Support and Resistance Analysis
19.73
When analyzing the support we notice one important area.
- A support zone ranging from 19.93 to 19.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.09 to 20.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.71 from a trend line in the weekly time frame.
RISE Technical Indicator Signal Analysis
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 RISE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RISE is down. |
| ChartMill Relative Strength | 36.21 | NEUTRAL | RISE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RISE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RISE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RISE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.14 | NEUTRAL | The RSI value for RISE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RISE has a negative trend. |
| Stochastics (14,3) | 12.75 | OVERSOLD | The low Stochastics value suggests RISE may be oversold. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for RISE suggests low volalility. |
RISE Chart- and CandleStick Pattern Analysis
RISE Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:RISE (10/30/2020, 8:16:42 PM)
19.945
-0.05 (-0.28%)
Sit Rising Rate ETF / RISE TA FAQ
Can you provide the ChartMill technical rating for Sit Rising Rate ETF?
ChartMill assigns a technical rating of 0 / 10 to RISE.
Can you provide the trend direction for Sit Rising Rate ETF?
The current trend direction for Sit Rising Rate ETF (RISE) is Bearish.
Can you provide the RSI signal for Sit Rising Rate ETF?
Sit Rising Rate ETF (RISE) has an RSI value of 31.1441. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Sit Rising Rate ETF?
The MACD indicator for Sit Rising Rate ETF (RISE) has a value of -0.0296668, indicating a bearish trend.
What is the short term momentum for Sit Rising Rate ETF (RISE) stock?
The short term momentum for Sit Rising Rate ETF (RISE) is negative.