TEMA AMERICAN RESHORING ETF (RSHO) Stock Technical Analysis
NYSEARCA:RSHO - NYSE Arca - US87975E6023 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to RSHO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RSHO is showing a nice and steady performance.
In the last month RSHO has a been trading in the 39.83 - 42.37 range, which is quite wide. It is currently trading near the lows of this range.
Warning: RSHO has an average volume of 19658 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, RSHO did better than 76% of all other stocks.
RSHO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RSHO is performing more or less in line with the market.
Although RSHO has an excellent technical rating, it does not present a decent entry opportunity 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
31.96
42.73
When analyzing the support we can see 3 important areas.
- Support @38.43 from a horizontal line in the daily time frame.
- A support zone ranging from 37.17 to 37.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @32.28 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.31 to 42.31. 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 | UP | POSITIVE | The long term trend for RSHO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RSHO is neutral. |
| ChartMill Relative Strength | 76.78 | POSITIVE | RSHO has a high relative strength, it outperformed 76.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RSHO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RSHO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RSHO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.56 | NEUTRAL | The RSI value for RSHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests RSHO has a negative trend. |
| Stochastics (14,3) | 50.46 | NEUTRAL | The Stochastics value for RSHO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for RSHO suggests low volalility. |
| Average Directional Index/ADX (14) | 29.28 | POSITIVE | The high ADX value value for RSHO 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)
NYSEARCA:RSHO (8/1/2025, 8:04:00 PM)
40.7321
-0.68 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.64%
1 Week-3.73%
2 Weeks-0.94%
1 Month0.85%
3 Month13.87%
6 Month5.5%
12 Month16.47%
2 Year38.44%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%1.44%
ATR Inc72.71%
Range Today0.74
ADR(20)0.52
ADR(20)%1.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.78
Mansfield0.17
10 Day High42.37
10 Day Low40.13
20 Day High42.37
20 Day Low39.83
52 Week High42.37
52 Week Low29.42
CS1 End38.43
CR1 Start42.31
Volume & EV
DER(3)1.98%
DER(5)1.24%
Volume17.70K
Volume Incr-5.56%
Vol(5)21.98K
Vol(50)19.66K