DEFIANCE CONNECTIVE TECH ETF (SIXG) Stock Technical Analysis
NASDAQ:SIXG - Nasdaq - US26922A2895 - ETF - Currency: USD
Overall SIXG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SIXG is showing a nice and steady performance.
SIXG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 53.54, a Stop Loss order could be placed below this zone.
More info and screens
51.91
We found 1 important support area.
- A support zone ranging from 52.43 to 53.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 55.69 to 57.46. 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 SIXG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SIXG is up. |
| ChartMill Relative Strength | 86.08 | POSITIVE | SIXG has a high relative strength, it outperformed 86.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SIXG is below 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) | 52.33 | NEUTRAL | The RSI value for SIXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests SIXG has a negative trend. |
| Stochastics (14,3) | 47.62 | NEUTRAL | The Stochastics value for SIXG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for SIXG suggests low volalility. |
| Average Directional Index/ADX (14) | 25.2 | POSITIVE | The high ADX value value for SIXG 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 |
|---|---|---|---|
| 56.46 | 54.34 | 2.12 (3.75%) | 25.00% |
| An entry @56.46. This is a Buy Stop order right above the 10 day moving average. | An exit @54.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.12 points, which is 3.75%. | For a 0.94% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NASDAQ:SIXG (8/21/2025, 4:30:02 PM)
55.4306
+0.13 (+0.24%)