ETRACS MON PAY 2X LEV US -B (SMHB) Stock Technical Analysis
USA - NYSEARCA:SMHB - US90274E1661 - ETF
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.
The technical rating of SMHB is bad and it also does not present a quality setup 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
3.84
We can see 5 important resistance areas.
- A resistance zone ranging from 4.43 to 4.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.57 to 4.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.67 from a trend line in the daily time frame.
- Resistance @4.82 from a horizontal line in the daily time frame.
- Resistance @4.95 from a trend line in the weekly 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 SMHB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMHB is down. |
| ChartMill Relative Strength | 13.53 | NEGATIVE | SMHB has a low relative strength, it was outperformed by 86.47% 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) | 34.96 | NEUTRAL | The RSI value for SMHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SMHB has a negative trend. |
| Stochastics (14,3) | 16.91 | OVERSOLD | The low Stochastics value suggests SMHB may be oversold. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for SMHB suggests some volalility. |
| Average Directional Index/ADX (14) | 16.81 | NEGATIVE | The low ADX value for SMHB suggests a weak or negative trend. |
3.88
-0.14 (-3.39%)
ETRACS MON PAY 2X LEV US -B / SMHB FAQ
What is the ChartMill technical rating of ETRACS MON PAY 2X LEV US -B (SMHB) stock?
ChartMill assigns a technical rating of 0 / 10 to SMHB.
Can you provide the trend direction for ETRACS MON PAY 2X LEV US -B?
The current trend direction for ETRACS MON PAY 2X LEV US -B (SMHB) is Bearish.
What is the RSI signal for SMHB stock?
ETRACS MON PAY 2X LEV US -B (SMHB) has an RSI value of 34.9645. This indicates that the stock is currently neutral.
What is the short term momentum for ETRACS MON PAY 2X LEV US -B (SMHB) stock?
The short term momentum for ETRACS MON PAY 2X LEV US -B (SMHB) is negative.
Can you provide the buy/sell signal for ETRACS MON PAY 2X LEV US -B?
The buy/sell signal for ETRACS MON PAY 2X LEV US -B (SMHB) is sell as both the short term and long term trends are negative.