GLOBAL X SUPERDIVIDEND ETF (SDIV) Stock Technical Analysis
USA - NYSEARCA:SDIV - US37960A6698 - ETF
22.9 USD
-0.5 (-2.14%)
22.9025 USD
+0 (+0.01%)
We assign a technical rating of 1 out of 10 to SDIV. SDIV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, SDIV is a bad performer in the overall market: 64% of all stocks are doing better.
In the last month SDIV has a been trading in the 22.90 - 24.40 range, which is quite wide. It is currently trading near the lows of this range.
SDIV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SDIV is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
The technical rating of SDIV is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
22.66
24.42
We found 1 important support area.
- A support zone ranging from 22.89 to 22.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.40 to 24.18. 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 SDIV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SDIV is down. |
| ChartMill Relative Strength | 36.39 | NEUTRAL | SDIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SDIV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SDIV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SDIV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.61 | OVERSOLD | The low RSI value suggests SDIV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SDIV has a negative trend. |
| Stochastics (14,3) | 3.15 | OVERSOLD | The low Stochastics value suggests SDIV may be oversold. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for SDIV suggests low volalility. |
| Average Directional Index/ADX (14) | 15.37 | NEGATIVE | The low ADX value for SDIV suggests a weak or negative trend. |
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)
22.9
-0.5 (-2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.14%
1 Week-3.98%
2 Weeks-3.9%
1 Month-4.34%
3 Month-2.51%
6 Month19.9%
12 Month-0.33%
2 Year12.2%
3 Year-1.38%
5 Year-28.19%
10 Year-62.96%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.92%
ATR Inc127.04%
Range Today0.52
ADR(20)0.19
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.39
Mansfield-0.38
10 Day High24.09
10 Day Low22.9
20 Day High24.4
20 Day Low22.9
52 Week High24.4
52 Week Low17.87
CS1 End22.89
CR1 Start23.4
Volume & EV
DER(3)-4.91%
DER(5)-6.24%
Volume718.90K
Volume Incr-14.18%
Vol(5)403.70K
Vol(50)475.77K