FIRST TRUST SMID CAP RISING (SDVY) Technical Analysis
NASDAQ:SDVY • US33741X1028
Current stock price
SDVY Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to SDVY. In the last year, SDVY was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, SDVY did better than 71% of all other stocks. On top of that, SDVY also shows a nice and consistent pattern of rising prices.
- SDVY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SDVY is performing more or less in line with the market.
- In the last month SDVY has a been trading in the 38.41 - 41.71 range, which is quite wide. It is currently trading near the high of this range.
- SDVY has an average volume of 1676930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SDVY Weekly and Daily overview Charts
SDVY Setup Rating and Analysis
Although SDVY has an excellent technical rating, it does not offer a high quality setup 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
SDVY Support and Resistance Analysis
36.06
When analyzing the support we can see 3 important areas.
- A support zone ranging from 38.65 to 40.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.25 to 37.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 36.42 to 36.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 42.54 to 42.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
SDVY Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for SDVY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SDVY is up. |
| ChartMill Relative Strength | 71.21 | POSITIVE | SDVY has a high relative strength, it outperformed 71.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SDVY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SDVY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SDVY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.04 | NEUTRAL | The RSI value for SDVY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests SDVY has a positive trend. |
| Stochastics (14,3) | 93.1 | OVERBOUGHT | The high Stochastics value suggests SDVY may be overbought. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for SDVY suggests low volalility. |
| Average Directional Index/ADX (14) | 28.49 | POSITIVE | The high ADX value value for SDVY suggests a strong trend. |
SDVY Chart- and CandleStick Pattern Analysis
SDVY Technicals: Chart, Performance Metrics, Trend & Indicators
41.57
+0.28 (+0.68%)
FIRST TRUST SMID CAP RISING / SDVY TA FAQ
What is the ChartMill technical rating of FIRST TRUST SMID CAP RISING (SDVY) stock?
ChartMill assigns a technical rating of 8 / 10 to SDVY.
Can you provide the trend direction for FIRST TRUST SMID CAP RISING?
The current trend direction for FIRST TRUST SMID CAP RISING (SDVY) is Bearish.
Can you provide the RSI signal for FIRST TRUST SMID CAP RISING?
FIRST TRUST SMID CAP RISING (SDVY) has an RSI value of 64.0359. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST TRUST SMID CAP RISING (SDVY) stock?
The MACD indicator for FIRST TRUST SMID CAP RISING (SDVY) has a value of 0.305478, indicating a bearish trend.
What is the short term momentum for FIRST TRUST SMID CAP RISING (SDVY) stock?
The short term momentum for FIRST TRUST SMID CAP RISING (SDVY) is positive.