SHOC US SEMICON EQUITY ETF (SHOC) Technical Analysis
NYSE:SHOC • US02072L6728
Current stock price
73.983 USD
+0.13 (+0.18%)
At close:
74.57 USD
+0.59 (+0.79%)
Pre-Market:
SHOC Technical Rating and Analysis
Taking everything into account, SHOC scores 6 out of 10 in our technical rating. SHOC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Warning: SHOC has an average volume of 16948 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Looking at the yearly performance, SHOC did better than 91% of all other stocks. We also observe that the gains produced by SHOC over the past year are nicely spread over this period.
- SHOC 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 SHOC is performing more or less in line with the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month SHOC has a been trading in the 67.70 - 76.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SHOC Weekly and Daily overview Charts
SHOC Setup Rating and Analysis
SHOC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 73.74, a Stop Loss order could be placed below this zone.
More info and screens
SHOC Support and Resistance Analysis
67.56
80.75
3 important support areas can be observed.
- A support zone ranging from 72.62 to 73.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.48 from a horizontal line in the weekly time frame.
- A support zone ranging from 68.24 to 68.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 75.16 to 75.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 78.03 to 78.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @79.95 from a horizontal line in the daily time frame.
SHOC 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 SHOC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHOC is neutral. |
| ChartMill Relative Strength | 91.44 | POSITIVE | SHOC has a high relative strength, it outperformed 91.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SHOC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHOC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHOC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.71 | NEUTRAL | The RSI value for SHOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SHOC has a positive trend. |
| Stochastics (14,3) | 69.24 | NEUTRAL | The Stochastics value for SHOC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for SHOC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.77 | NEUTRAL | The ADX value for SHOC suggests a possible start of a new trend. |
SHOC Chart- and CandleStick Pattern Analysis
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)
SHOC Example Setup
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 |
|---|---|---|---|
| 75.73 | 72.61 | 3.12 (4.12%) | 24.27% |
| An entry @75.73. This is a Buy Stop order right above the resistance zone. | An exit @72.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.12 points, which is 4.12%. | When investing 24.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SHOC. Please evaluate whether better entry and exit points can be found.
- 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.
SHOC Technicals: Chart, Performance Metrics, Trend & Indicators
73.983
+0.13 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.18%
1 Week3.1%
2 Weeks-0.36%
1 Month-0.81%
3 Month4.44%
6 Month15.17%
12 Month117.92%
2 Year76.3%
3 Year159.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.37
ATR(20)%3.15%
ATR Inc19.26%
Range Today2.84
ADR(20)1.94
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.44
3 months CRS76.65
6 months CRS84.7
Mansfield1.97
10 Day High75.76
10 Day Low67.7
20 Day High76.37
20 Day Low67.7
52 Week High80.13
52 Week Low31.89
CS1 End73.74
CR1 Start75.16
Volume & EV
DER(3)0.07%
DER(5)1.85%
Volume8.20K
Volume Incr26.91%
Vol(5)18.44K
Vol(50)16.95K
SHOC US SEMICON EQUITY ETF / SHOC TA FAQ
Can you provide the ChartMill technical rating for SHOC US SEMICON EQUITY ETF?
ChartMill assigns a technical rating of 6 / 10 to SHOC.
Can you provide the trend direction for SHOC US SEMICON EQUITY ETF?
The current trend direction for SHOC US SEMICON EQUITY ETF (SHOC) is Bearish.
What is the RSI signal for SHOC US SEMICON EQUITY ETF (SHOC) stock?
SHOC US SEMICON EQUITY ETF (SHOC) has an RSI value of 50.7137. This indicates that the stock is currently neutral.
What is the MACD signal for SHOC US SEMICON EQUITY ETF (SHOC) stock?
The MACD indicator for SHOC US SEMICON EQUITY ETF (SHOC) has a value of 0.00597412, indicating a bearish trend.