Global X Jpmorgan US Sector Rot (SCTO) Stock Technical Analysis
NYSEARCA:SCTO - NYSE Arca -
We assign a technical rating of 1 out of 10 to SCTO. SCTO'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SCTO is a bad performer in the overall market: 73% of all stocks are doing better.
SCTO 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.
Warning: SCTO has an average volume of 488 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SCTO has a been trading in a tight range between 22.75 and 22.90.
SCTO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 22.85, a Stop Loss order could be placed below this zone.
More info and screens
22.55
27.04
We found 1 important support area.
- A support zone ranging from 22.78 to 22.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 22.86 to 23.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.99 from a trend line in the weekly time frame.
- A resistance zone ranging from 24.71 to 24.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.77 from a trend line in the weekly time frame.
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 SCTO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SCTO is down. |
| ChartMill Relative Strength | 27.68 | NEGATIVE | SCTO has a low relative strength, it was outperformed by 72.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SCTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SCTO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SCTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.85 | NEUTRAL | The RSI value for SCTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SCTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.31 | NEUTRAL | The Stochastics value for SCTO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.09 | LOW VOLATILITY | The low ATR as a percentage value for SCTO 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)
Global X Jpmorgan US Sector Rot
NYSEARCA:SCTO (7/5/2019, 8:04:03 PM)
22.85
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.07%
2 Weeks-0.09%
1 Month0.15%
3 Month-6.14%
6 Month-0.44%
12 Month-14.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.09%
ATR Inc51.56%
Range Today0.06
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
CRS27.68
Mansfield-1.39
10 Day High22.9
10 Day Low22.84
20 Day High22.9
20 Day Low22.75
52 Week High27.65
52 Week Low22.09
CS1 End22.85
CR1 Start22.86
Volume & EV
DER(3)0%
DER(5)0%
Volume1.50K
Volume Incr-54.49%
Vol(5)380
Vol(50)488