ETC 6 MERIDIAN LOW BETA EQUI (SIXL) Stock Technical Analysis
NYSEARCA:SIXL - NYSE Arca - US3015056993 - ETF - Currency: USD
Overall SIXL gets a technical rating of 3 out of 10. In the past year, SIXL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
Warning: SIXL has an average volume of 3814 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, SIXL outperforms 48% of them, which is more or less in line with the market.
SIXL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SIXL is lagging the market.
In the last month SIXL has a been trading in a tight range between 36.24 and 36.85.
Considerably lower volume is observed in the last couple of days.
SIXL has a poor technical rating and the quality of the setup is also 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
35.30
37.96
We found 1 important support area.
- A support zone ranging from 35.66 to 36.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @36.77 from a horizontal line in the daily time frame.
- A resistance zone ranging from 37.47 to 37.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for SIXL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SIXL is neutral. |
| ChartMill Relative Strength | 48.07 | NEUTRAL | SIXL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SIXL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SIXL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SIXL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.85 | NEUTRAL | The RSI value for SIXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SIXL has a positive trend. |
| Stochastics (14,3) | 56.43 | NEUTRAL | The Stochastics value for SIXL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for SIXL suggests low volalility. |
| Average Directional Index/ADX (14) | 6.52 | NEGATIVE | The low ADX value for SIXL suggests a weak or negative trend. |
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)
NYSEARCA:SIXL (6/24/2025, 4:15:00 PM)
36.7109
+0.02 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week0.89%
2 Weeks0.18%
1 Month1.12%
3 Month-1.79%
6 Month-1.64%
12 Month6.58%
2 Year16.46%
3 Year12.93%
5 Year40.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.63%
ATR Inc26.87%
Range Today0.1
ADR(20)0.18
ADR(20)%0.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.07
Mansfield-0.62
10 Day High36.72
10 Day Low36.24
20 Day High36.85
20 Day Low36.24
52 Week High39.47
52 Week Low34.01
CS1 End36.66
CR1 Start36.77
Volume & EV
DER(3)0%
DER(5)0%
Volume4.03K
Volume Incr-52.62%
Vol(5)2.25K
Vol(50)3.81K