ETRACS MON PAY 2X LEV US -B (SMHB) Stock Technical Analysis
USA - NYSEARCA:SMHB - US90274E1661 - ETF
4.034 USD
-0.27 (-6.19%)
4.07 USD
+0.04 (+0.89%)
Overall SMHB gets a technical rating of 0 out of 10. SMHB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
90% of all other stocks performed better in the past year than SMHB.
In the last month SMHB has a been trading in the 4.03 - 4.92 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: SMHB has an average volume of 26854 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SMHB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMHB is lagging the market.
The technical rating of SMHB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.98
5.11
When analyzing the support we notice one important area.
- Support @4.02 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.42 to 4.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.70 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.00 to 5.06. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for SMHB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMHB is down. |
| ChartMill Relative Strength | 10.06 | NEGATIVE | SMHB has a low relative strength, it was outperformed by 89.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMHB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMHB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMHB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.45 | OVERSOLD | The low RSI value suggests SMHB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SMHB has a negative trend. |
| Stochastics (14,3) | 3.84 | OVERSOLD | The low Stochastics value suggests SMHB may be oversold. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for SMHB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.06 | NEGATIVE | The low ADX value for SMHB 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)
4.034
-0.27 (-6.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.19%
1 Week-11.95%
2 Weeks-11.46%
1 Month-15.07%
3 Month-18.17%
6 Month16.59%
12 Month-31.63%
2 Year-20.12%
3 Year-45.78%
5 Year-19.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%3.54%
ATR Inc52.39%
Range Today0.22
ADR(20)0.14
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.06
Mansfield-2.33
10 Day High4.71
10 Day Low4.03
20 Day High4.92
20 Day Low4.03
52 Week High6.27
52 Week Low3.17
CS1 End4.02
CR1 Start4.42
Volume & EV
DER(3)-10.65%
DER(5)-13.08%
Volume58.05K
Volume Incr77.84%
Vol(5)47.95K
Vol(50)26.85K