NYSEARCA:SDIV - NYSE Arca - US37960A6698 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to SDIV. Although SDIV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although SDIV has an excellent technical rating, the quality of the presented setup is not ideal 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.
20.38
When analyzing the support we notice one important area.
4 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 SDIV is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SDIV is up. |
ChartMill Relative Strength | 40.54 | NEUTRAL | SDIV is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SDIV is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SDIV is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SDIV is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 59.6 | NEUTRAL | The RSI value for SDIV is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SDIV has a negative trend. |
Stochastics (14,3) | 71.73 | NEUTRAL | The Stochastics value for SDIV is a neutral value. |
Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for SDIV suggests low volalility. |
Average Directional Index/ADX (14) | 17.01 | NEGATIVE | The low ADX value for SDIV 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 |
---|---|---|---|
21.42 | 20.92 | 0.50 (2.33%) | 25.00% |
An entry @21.42. This is a Buy Stop order right above the 10 day moving average. | An exit @20.92. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.50 points, which is 2.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
21.39
-0.07 (-0.33%)