India Smallcap ETF Vaneck (SCIF) Technical Analysis
NYSEARCA:SCIF
Current stock price
SCIF Technical Rating and Analysis
Taking everything into account, SCIF scores 1 out of 10 in our technical rating. SCIF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, SCIF is a bad performer in the overall market: 83% of all stocks are doing better.
- SCIF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SCIF has a been trading in the 18.50 - 23.52 range, which is quite wide. It is currently trading near the high of this range.
SCIF Weekly and Daily overview Charts
SCIF Setup Rating and Analysis
The technical rating of SCIF is bad and it also does not present a quality setup 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
SCIF Support and Resistance Analysis
20.38
When analyzing the support we notice one important area.
- Support @20.59 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 22.41 to 22.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.38 from a horizontal line in the daily time frame.
- Resistance @30.95 from a trend line in the daily time frame.
- Resistance @31.69 from a trend line in the daily time frame.
- A resistance zone ranging from 32.62 to 32.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
SCIF 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 SCIF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SCIF is neutral. |
| ChartMill Relative Strength | 17.7 | NEGATIVE | SCIF has a low relative strength, it was outperformed by 82.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCIF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCIF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCIF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.8 | NEUTRAL | The RSI value for SCIF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests SCIF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.96 | NEUTRAL | The Stochastics value for SCIF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for SCIF suggests some volalility. |
SCIF Chart- and CandleStick Pattern Analysis
SCIF Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:SCIF (4/30/2020, 8:17:19 PM)
22.38
-1 (-4.28%)
India Smallcap ETF Vaneck / SCIF TA FAQ
What is the technical rating for SCIF stock?
ChartMill assigns a technical rating of 1 / 10 to SCIF.
What is the current trend direction of India Smallcap ETF Vaneck (SCIF) stock?
The current trend direction for India Smallcap ETF Vaneck (SCIF) is Bearish.
What is the RSI signal for SCIF stock?
India Smallcap ETF Vaneck (SCIF) has an RSI value of 49.7981. This indicates that the stock is currently neutral.
What is the short term momentum for India Smallcap ETF Vaneck (SCIF) stock?
The short term momentum for India Smallcap ETF Vaneck (SCIF) is neutral.