USA - NYSEARCA:SCHH - US8085248479 - ETF
Taking everything into account, SCHH scores 4 out of 10 in our technical rating. In the last year, SCHH was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, SCHH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.43, a Stop Loss order could be placed below this zone.
19.68
We found 3 important support areas.
3 important resistance areas can be observed.
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 SCHH is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCHH is neutral. |
ChartMill Relative Strength | 28.93 | NEGATIVE | SCHH has a low relative strength, it was outperformed by 71.07% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of SCHH is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SCHH is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SCHH is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.72 | NEUTRAL | The RSI value for SCHH is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SCHH has a negative trend. |
Stochastics (14,3) | 53.65 | NEUTRAL | The Stochastics value for SCHH is a neutral value. |
Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for SCHH suggests low volalility. |
Average Directional Index/ADX (14) | 11.94 | NEGATIVE | The low ADX value for SCHH suggests a weak or negative trend. |
21.46
-0.11 (-0.51%)