USCF SUMMERHAVEN DYNAMIC ETF (SDCI) Stock Technical Analysis
USA - NYSEARCA:SDCI - US90290T8099 - ETF
Taking everything into account, SDCI scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
SDCI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.94, a Stop Loss order could be placed below this zone.
More info and screens
19.79
We found 3 important support areas.
- A support zone ranging from 22.47 to 22.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.46 from a trend line in the weekly time frame.
- Support @19.99 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.95 to 23.35. This zone is formed by a combination of multiple trend lines and important moving averages 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 SDCI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SDCI is neutral. |
| ChartMill Relative Strength | 73.31 | POSITIVE | SDCI has a high relative strength, it outperformed 73.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SDCI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SDCI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SDCI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.79 | NEUTRAL | The RSI value for SDCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SDCI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.92 | NEUTRAL | The Stochastics value for SDCI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for SDCI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for SDCI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.13 | 22.86 | 0.27 (1.18%) | 25.00% |
| An entry @23.13. This is a Buy Stop order right above the 10 day moving average. | An exit @22.86. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.27 points, which is 1.18%. | For a 0.30% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SDCI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
22.94
-0.14 (-0.61%)
USCF SUMMERHAVEN DYNAMIC ETF / SDCI FAQ
Can you provide the ChartMill technical rating for USCF SUMMERHAVEN DYNAMIC ETF?
ChartMill assigns a technical rating of 7 / 10 to SDCI.
What is the trend direction for SDCI stock?
The current trend direction for USCF SUMMERHAVEN DYNAMIC ETF (SDCI) is Bullish.
What is the RSI signal for USCF SUMMERHAVEN DYNAMIC ETF (SDCI) stock?
USCF SUMMERHAVEN DYNAMIC ETF (SDCI) has an RSI value of 49.7924. This indicates that the stock is currently neutral.
What is the short term momentum for USCF SUMMERHAVEN DYNAMIC ETF (SDCI) stock?
The short term momentum for USCF SUMMERHAVEN DYNAMIC ETF (SDCI) is neutral.