GLOBAL X SUPERDIVIDEND ETF (SDIV) Stock Technical Analysis
USA - NYSEARCA:SDIV - US37960A6698 - ETF
We assign a technical rating of 6 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.
SDIV has an average technical rating and the quality of the presented setup is also 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.
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22.67
We found 2 important support areas.
- A support zone ranging from 23.47 to 23.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 24.08 to 24.18. 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 SDIV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SDIV is up. |
| ChartMill Relative Strength | 61.12 | 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) | UP | POSITIVE | The current price of SDIV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.14 | NEUTRAL | The RSI value for SDIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SDIV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.04 | NEUTRAL | The Stochastics value for SDIV is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for SDIV suggests low volalility. |
| Average Directional Index/ADX (14) | 17.53 | 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 |
|---|---|---|---|
| 24.19 | 23.46 | 0.73 (3.02%) | 25.00% |
| An entry @24.19. This is a Buy Stop order right above the resistance zone. | An exit @23.46. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.73 points, which is 3.02%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- 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.
23.88
+0.08 (+0.34%)
GLOBAL X SUPERDIVIDEND ETF / SDIV FAQ
Can you provide the ChartMill technical rating for GLOBAL X SUPERDIVIDEND ETF?
ChartMill assigns a technical rating of 6 / 10 to SDIV.
Can you provide the trend direction for GLOBAL X SUPERDIVIDEND ETF?
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 57.1422. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GLOBAL X SUPERDIVIDEND ETF?
The short term momentum for GLOBAL X SUPERDIVIDEND ETF (SDIV) is positive.
What is the buy/sell signal for GLOBAL X SUPERDIVIDEND ETF (SDIV) stock?
The buy/sell signal for GLOBAL X SUPERDIVIDEND ETF (SDIV) is buy as both the short term and long term trends are positive.