DEFIANCE CONNECTIVE TECH ETF (SIXG) Technical Analysis
NASDAQ:SIXG • US26922A2895
Current stock price
SIXG Technical Rating and Analysis
Taking everything into account, SIXG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SIXG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: SIXG has an average volume of 26754 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SIXG is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, SIXG also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by SIXG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SIXG has a been trading in the 64.66 - 75.45 range, which is quite wide. It is currently trading near the high of this range.
SIXG Weekly and Daily overview Charts
SIXG Setup Rating and Analysis
SIXG has an excellent technical rating, but the quality of the setup is only medium 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
SIXG Support and Resistance Analysis
63.20
We found 3 important support areas.
- A support zone ranging from 68.45 to 71.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 65.04 to 66.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @63.84 from a horizontal line in the daily time frame.
SIXG 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 | UP | POSITIVE | The long term trend for SIXG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIXG is up. |
| ChartMill Relative Strength | 90.25 | POSITIVE | SIXG has a high relative strength, it outperformed 90.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIXG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIXG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIXG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.88 | NEUTRAL | The RSI value for SIXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests SIXG has a positive trend. |
| Stochastics (14,3) | 90.61 | OVERBOUGHT | The high Stochastics value suggests SIXG may be overbought. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for SIXG suggests some volalility. |
| Average Directional Index/ADX (14) | 9.72 | NEGATIVE | The low ADX value for SIXG suggests a weak or negative trend. |
SIXG Chart- and CandleStick Pattern Analysis
SIXG Technicals: Chart, Performance Metrics, Trend & Indicators
75.42
+1.62 (+2.2%)
DEFIANCE CONNECTIVE TECH ETF / SIXG TA FAQ
What is the ChartMill technical rating of DEFIANCE CONNECTIVE TECH ETF (SIXG) stock?
ChartMill assigns a technical rating of 10 / 10 to SIXG.
What is the trend direction for SIXG stock?
The current trend direction for DEFIANCE CONNECTIVE TECH ETF (SIXG) is Bullish.
What is the RSI signal for DEFIANCE CONNECTIVE TECH ETF (SIXG) stock?
DEFIANCE CONNECTIVE TECH ETF (SIXG) has an RSI value of 65.8753. This indicates that the stock is currently neutral.
What is the short term momentum for SIXG stock?
The short term momentum for DEFIANCE CONNECTIVE TECH ETF (SIXG) is positive.
Can you provide the support and resistance levels for DEFIANCE CONNECTIVE TECH ETF?
DEFIANCE CONNECTIVE TECH ETF (SIXG) has a support level at 71.45. Check the full technical report for our detailed analysis of SIXG support and resistance levels.