Lattice Real Estate Strategy ETF (RORE) Technical Analysis
NYSEARCA:RORE
Current stock price
RORE Technical Rating and Analysis
Taking everything into account, RORE scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. RORE was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, RORE is a bad performer in the overall market: 84% of all stocks are doing better.
- Warning: RORE has an average volume of 1396 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- RORE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RORE is lagging the market.
- In the last month RORE has a been trading in a tight range between 11.83 and 12.52.
RORE Weekly and Daily overview Charts
RORE Setup Rating and Analysis
RORE has an average technical rating and the quality of the presented setup is also not ideal 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
RORE Support and Resistance Analysis
10.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.19 to 12.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.83 to 11.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.44 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 12.35 to 12.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.73 from a trend line in the daily time frame.
- Resistance @13.61 from a horizontal line in the weekly time frame.
- Resistance @15.82 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 16.96 to 16.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
RORE 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 RORE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RORE is up. |
| ChartMill Relative Strength | 16.05 | NEGATIVE | RORE has a low relative strength, it was outperformed by 83.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RORE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RORE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RORE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.44 | NEUTRAL | The RSI value for RORE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RORE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.5 | NEUTRAL | The Stochastics value for RORE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.14 | LOW VOLATILITY | The low ATR as a percentage value for RORE suggests low volalility. |
RORE Chart- and CandleStick Pattern Analysis
RORE Technicals: Chart, Performance Metrics, Trend & Indicators
Lattice Real Estate Strategy ETF
NYSEARCA:RORE (8/7/2020, 8:04:00 PM)
12.26
-0.02 (-0.12%)
Lattice Real Estate Strategy ETF / RORE TA FAQ
What is the ChartMill technical rating of Lattice Real Estate Strategy ETF (RORE) stock?
ChartMill assigns a technical rating of 4 / 10 to RORE.
What is the trend direction for RORE stock?
The current trend direction for Lattice Real Estate Strategy ETF (RORE) is Bearish.
What is the RSI signal for Lattice Real Estate Strategy ETF (RORE) stock?
Lattice Real Estate Strategy ETF (RORE) has an RSI value of 50.4398. This indicates that the stock is currently neutral.
What is the short term momentum for RORE stock?
The short term momentum for Lattice Real Estate Strategy ETF (RORE) is positive.
Can you provide the buy/sell signal for Lattice Real Estate Strategy ETF?
The buy/sell signal for Lattice Real Estate Strategy ETF (RORE) is hold as the short term and long term trends are mixed.