GLOBAL X SUPERDIVIDEND ETF (SDIV) Stock Technical Analysis
NYSEARCA:SDIV • US37960A6698
Taking everything into account, SDIV scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SDIV is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SDIV did better than 73% of all other stocks. On top of that, SDIV also shows a nice and consistent pattern of rising prices.
- SDIV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SDIV has a been trading in a tight range between 25.07 and 26.44.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, SDIV also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.67
4 important support areas can be observed.
- A support zone ranging from 24.62 to 25.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @24.12 from a horizontal line in the daily time frame.
- Support @23.66 from a horizontal line in the daily time frame.
- A support zone ranging from 22.90 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.98 to 26.28. 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 | UP | POSITIVE | The short term trend for SDIV is up. |
| ChartMill Relative Strength | 73.09 | POSITIVE | SDIV has a high relative strength, it outperformed 73.09% off all stocks 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) | UP | POSITIVE | The current price of SDIV is above the rising 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) | 57.93 | NEUTRAL | The RSI value for SDIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SDIV has a negative trend. |
| Stochastics (14,3) | 58.61 | NEUTRAL | The Stochastics value for SDIV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for SDIV suggests low volalility. |
| Average Directional Index/ADX (14) | 38.5 | POSITIVE | The high ADX value value for SDIV suggests a strong 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 |
|---|---|---|---|
| 26.29 | 25.56 | 0.73 (2.78%) | 25.00% |
| An entry @26.29. This is a Buy Stop order right above the resistance zone. | An exit @25.56. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.73 points, which is 2.78%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- 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.
25.93
-0.05 (-0.19%)
GLOBAL X SUPERDIVIDEND ETF / SDIV FAQ
Can you provide the ChartMill technical rating for GLOBAL X SUPERDIVIDEND ETF?
ChartMill assigns a technical rating of 10 / 10 to SDIV.
What is the current trend direction of GLOBAL X SUPERDIVIDEND ETF (SDIV) stock?
The current trend direction for GLOBAL X SUPERDIVIDEND ETF (SDIV) is Bullish.
What is the RSI signal for SDIV stock?
GLOBAL X SUPERDIVIDEND ETF (SDIV) has an RSI value of 57.9347. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GLOBAL X SUPERDIVIDEND ETF?
The MACD indicator for GLOBAL X SUPERDIVIDEND ETF (SDIV) has a value of -0.0445781, indicating a bearish trend.
Can you provide the support and resistance levels for GLOBAL X SUPERDIVIDEND ETF?
GLOBAL X SUPERDIVIDEND ETF (SDIV) has a support level at 25 and a resistance level at 25.98. Check the full technical report for our detailed analysis of SDIV support and resistance levels.