DEF DAILY T2X SHORT RKLB ETF (RKLZ) Technical Analysis
NASDAQ:RKLZ • US88636W1716
Current stock price
RKLZ Technical Rating and Analysis
Taking everything into account, RKLZ scores 0 out of 10 in our technical rating. RKLZ 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, RKLZ is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month RKLZ has a been trading in the 10.02 - 33.05 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- RKLZ has an average volume of 11743400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
RKLZ Weekly and Daily overview Charts
RKLZ Setup Rating and Analysis
The technical rating of RKLZ 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
RKLZ Support and Resistance Analysis
10.69
We found 1 important resistance area.
- A resistance zone ranging from 19.63 to 19.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
RKLZ 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 RKLZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RKLZ is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | RKLZ 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 RKLZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RKLZ is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 31.26 | NEUTRAL | The RSI value for RKLZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1 | NEGATIVE | The MACD value suggests RKLZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.89 | OVERSOLD | The low Stochastics value suggests RKLZ may be oversold. |
| Average True Range in percent/ATR (20) | 31.99 | HIGH VOLATILITY | The high ATR as a percentage value for RKLZ suggests high volalility. |
| Average Directional Index/ADX (14) | 24.58 | NEUTRAL | The ADX value for RKLZ suggests a possible start of a new trend. |
RKLZ Chart- and CandleStick Pattern Analysis
RKLZ Technicals: Chart, Performance Metrics, Trend & Indicators
10.8
-0.92 (-7.85%)
DEF DAILY T2X SHORT RKLB ETF / RKLZ TA FAQ
What is the technical rating for RKLZ stock?
ChartMill assigns a technical rating of 0 / 10 to RKLZ.
What is the trend direction for RKLZ stock?
The current trend direction for DEF DAILY T2X SHORT RKLB ETF (RKLZ) is Bearish.
What is the RSI signal for RKLZ stock?
DEF DAILY T2X SHORT RKLB ETF (RKLZ) has an RSI value of 31.2585. This indicates that the stock is currently neutral.
What is the MACD signal for DEF DAILY T2X SHORT RKLB ETF (RKLZ) stock?
The MACD indicator for DEF DAILY T2X SHORT RKLB ETF (RKLZ) has a value of -1.00482, indicating a bearish trend.
What is the buy/sell signal for RKLZ stock?
The buy/sell signal for DEF DAILY T2X SHORT RKLB ETF (RKLZ) is sell as both the short term and long term trends are negative.