USCF SUMMERHAVEN DYNAMIC ETF (SDCI) Technical Analysis
NYSEARCA:SDCI • US90290T8099
Taking everything into account, SDCI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SDCI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SDCI did better than 77% of all other stocks. We also observe that the gains produced by SDCI over the past year are nicely spread over this period.
- A new 52 week high is currently being made by SDCI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SDCI is leading the market.
- In the last month SDCI has a been trading in the 22.67 - 26.30 range, which is quite wide. It is currently trading near the high of this range.
Although SDCI has an excellent technical rating, it does not present a decent entry opportunity 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
21.81
2 important support areas can be observed.
- A support zone ranging from 22.95 to 23.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.03 to 22.51. 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 | UP | POSITIVE | The long term trend for SDCI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SDCI is up. |
| ChartMill Relative Strength | 77.58 | POSITIVE | SDCI has a high relative strength, it outperformed 77.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SDCI is above the rising 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) | 67.15 | NEUTRAL | The RSI value for SDCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests SDCI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.86 | OVERBOUGHT | The high Stochastics value suggests SDCI may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for SDCI suggests low volalility. |
| Average Directional Index/ADX (14) | 29.73 | POSITIVE | The high ADX value value for SDCI suggests a strong trend. |
SDCI Technicals: Chart, Performance Metrics, Trend & Indicators
25.46
-0.36 (-1.39%)
USCF SUMMERHAVEN DYNAMIC ETF / SDCI FAQ
Can you provide the ChartMill technical rating for USCF SUMMERHAVEN DYNAMIC ETF?
ChartMill assigns a technical rating of 10 / 10 to SDCI.
What is the current trend direction of USCF SUMMERHAVEN DYNAMIC ETF (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 67.1498. 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 positive.
Can you provide the buy/sell signal for USCF SUMMERHAVEN DYNAMIC ETF?
The buy/sell signal for USCF SUMMERHAVEN DYNAMIC ETF (SDCI) is buy as both the short term and long term trends are positive.