T-REX 2X LNG HOD DLY TAR ETF (ROBN) Stock Technical Analysis
NYSEARCA:ROBN - NYSE Arca - US26923N3897 - ETF - Currency: USD
Taking everything into account, ROBN scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ROBN is a bad performer.
100% of all other stocks performed better in the past year than ROBN.
The long and short term trends are both positive. This is looking good!
In the last month ROBN has a been trading in the 33.69 - 74.78 range, which is quite wide. It is currently trading near the high of this range.
ROBN has an average volume of 1909470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ROBN has an excellent technical rating, it does not offer a high 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
45.98
71.04
2 important support areas can be observed.
- A support zone ranging from 58.24 to 58.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @46.44 from a trend line in the daily time frame.
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 ROBN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROBN is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ROBN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROBN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROBN is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 79.33 | OVERBOUGHT | The high RSI value suggests ROBN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.08 | POSITIVE | The MACD value suggests ROBN has a positive trend. |
| Stochastics (14,3) | 91.37 | OVERBOUGHT | The high Stochastics value suggests ROBN may be overbought. |
| Average True Range in percent/ATR (20) | 8.38 | HIGH VOLATILITY | The high ATR as a percentage value for ROBN suggests high volalility. |
| Average Directional Index/ADX (14) | 58.69 | POSITIVE | The high ADX value value for ROBN suggests a strong 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)
70.34
+5.3 (+8.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg8.15%
1 Week23.95%
2 Weeks34.24%
1 Month87.67%
3 Month527.48%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.82
ATR(20)%8.38%
ATR Inc17.5%
Range Today7.97
ADR(20)5.43
ADR(20)%7.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High74.79
10 Day Low48.6
20 Day High74.79
20 Day Low33.69
52 Week HighN/A
52 Week LowN/A
CS1 End58.26
CR1 StartN/A
Volume & EV
DER(3)-1.55%
DER(5)-1.57%
Volume2.67M
Volume Incr13.41%
Vol(5)2.19M
Vol(50)1.91M