Lattice Real Estate Strategy ETF (RORE) Stock Technical Analysis
USA - NYSEARCA:RORE -
12.26
-0.02 (-0.12%)
Taking everything into account, RORE scores 4 out of 10 in our technical rating. In the past year, RORE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
84% of all other stocks performed better in the past year than RORE.
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 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
10.34
17.13
We found 3 important support 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.
We can see 5 important resistance areas.
- 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.
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. |
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)
Lattice Real Estate Strategy ETF
NYSEARCA:RORE (8/7/2020, 8:04:00 PM)
12.26
-0.02 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.12%
1 Week-1%
2 Weeks2.19%
1 Month2.42%
3 Month4.88%
6 Month-24.74%
12 Month-21.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%1.14%
ATR Inc-47.1%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.05
Mansfield-2.21
10 Day High12.52
10 Day Low12
20 Day High12.52
20 Day Low11.83
52 Week High17.42
52 Week Low8.91
CS1 End12.22
CR1 Start12.35
Volume & EV
DER(3)1.06%
DER(5)0.63%
Volume6.30K
Volume Incr58.53%
Vol(5)1.72K
Vol(50)1.40K