ETRACS MON PAY 2X LEV US -B (SMHB) Stock Technical Analysis
NYSEARCA:SMHB - NYSE Arca - US90274E1661 - ETF - Currency: USD
Taking everything into account, SMHB scores 2 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, SMHB is a bad performer in the overall market: 84% of all stocks are doing better.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
SMHB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SMHB is lagging the market slightly.
In the last month SMHB has a been trading in the 3.85 - 4.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
SMHB has a poor technical rating and the quality of the setup is also not perfect 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
3.81
6.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.93 to 3.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- Resistance @4.39 from a horizontal line in the weekly time frame.
- Resistance @4.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.79 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.38 from a horizontal line in the daily time frame.
- Resistance @5.49 from a trend line in the weekly time frame.
- Resistance @6.61 from a horizontal 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 | UP | POSITIVE | The short term trend for SMHB is up. |
| ChartMill Relative Strength | 16.59 | NEGATIVE | SMHB has a low relative strength, it was outperformed by 83.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SMHB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SMHB is above 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) | 52.42 | NEUTRAL | The RSI value for SMHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SMHB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.66 | NEUTRAL | The Stochastics value for SMHB is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for SMHB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.92 | 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)
NYSEARCA:SMHB (6/13/2025, 8:04:00 PM)
4.316
-0.12 (-2.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.79%
1 Week0.26%
2 Weeks5.46%
1 Month-0.06%
3 Month-12.28%
6 Month-21.38%
12 Month-22.09%
2 Year-26.47%
3 Year-45.57%
5 Year-17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%4%
ATR Inc-1.02%
Range Today0.15
ADR(20)0.15
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.59
Mansfield-2.22
10 Day High4.69
10 Day Low3.95
20 Day High4.69
20 Day Low3.85
52 Week High6.66
52 Week Low3.17
CS1 End3.93
CR1 Start4.39
Volume & EV
DER(3)-0.77%
DER(5)-0.01%
Volume36.70K
Volume Incr-13.35%
Vol(5)28.14K
Vol(50)63.06K