RevenueShares Financials Sector ETF (RWW) Stock Technical Analysis
USA - NYSEARCA:RWW -
71.0028
-0.05 (-0.07%)
Taking everything into account, RWW scores 1 out of 10 in our technical rating. RWW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month RWW has a been trading in the 70.32 - 75.44 range, which is quite wide. It is currently trading near the lows of this range.
Warning: RWW has an average volume of 6547 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, RWW turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
RWW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RWW is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of RWW is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
62.20
75.85
We found 3 important support areas.
- Support @70.81 from a trend line in the daily time frame.
- Support @68.02 from a trend line in the weekly time frame.
- A support zone ranging from 62.83 to 63.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 72.71 to 73.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 75.00 to 75.10. 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 | NEUTRAL | NEUTRAL | The long term trend for RWW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RWW is down. |
| ChartMill Relative Strength | 54.52 | NEUTRAL | RWW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RWW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RWW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RWW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.45 | NEUTRAL | The RSI value for RWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests RWW has a negative trend. |
| Stochastics (14,3) | 9.69 | OVERSOLD | The low Stochastics value suggests RWW may be oversold. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for RWW 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)
RevenueShares Financials Sector ETF
NYSEARCA:RWW (2/14/2020, 8:04:06 PM)
71.0028
-0.05 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.07%
1 Week-4.8%
2 Weeks-1.42%
1 Month-4.91%
3 Month-1.28%
6 Month10.17%
12 Month10.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%1.5%
ATR Inc-53.54%
Range Today0.23
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
CRS54.52
Mansfield-0.8
10 Day High75.44
10 Day Low70.32
20 Day High75.44
20 Day Low70.32
52 Week High75.44
52 Week Low61.65
CS1 End70.81
CR1 Start72.71
Volume & EV
DER(3)-1.05%
DER(5)-0.63%
Volume33.20K
Volume Incr1416.98%
Vol(5)38.74K
Vol(50)6.55K