TRADR 2X LONG SMR DAILY ETF (SMU) Technical Analysis
NYSEARCA:SMU • US46152A4528
Current stock price
SMU Technical Rating and Analysis
Taking everything into account, SMU scores 1 out of 10 in our technical rating. SMU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- When comparing the yearly performance of all stocks, SMU is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month SMU has a been trading in the 8.92 - 19.76 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- SMU has an average volume of 1719660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SMU Weekly and Daily overview Charts
SMU Setup Rating and Analysis
The technical rating of SMU 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
SMU Support and Resistance Analysis
19.37
SMU Technical Indicator Signal Analysis
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 SMU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMU is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SMU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SMU is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 58.01 | NEUTRAL | The RSI value for SMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.34 | POSITIVE | The MACD value suggests SMU has a positive trend. |
| Stochastics (14,3) | 81.02 | OVERBOUGHT | The high Stochastics value suggests SMU may be overbought. |
| Average True Range in percent/ATR (20) | 12.76 | HIGH VOLATILITY | The high ATR as a percentage value for SMU suggests high volalility. |
| Average Directional Index/ADX (14) | 29.64 | POSITIVE | The high ADX value value for SMU suggests a strong trend. |
SMU Chart- and CandleStick Pattern Analysis
SMU Technicals: Chart, Performance Metrics, Trend & Indicators
19.57
+4.68 (+31.43%)
TRADR 2X LONG SMR DAILY ETF / SMU TA FAQ
What is the ChartMill technical rating of TRADR 2X LONG SMR DAILY ETF (SMU) stock?
ChartMill assigns a technical rating of 1 / 10 to SMU.
What is the trend direction for SMU stock?
The current trend direction for TRADR 2X LONG SMR DAILY ETF (SMU) is Bearish.
What is the RSI signal for TRADR 2X LONG SMR DAILY ETF (SMU) stock?
TRADR 2X LONG SMR DAILY ETF (SMU) has an RSI value of 58.0072. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TRADR 2X LONG SMR DAILY ETF?
The short term momentum for TRADR 2X LONG SMR DAILY ETF (SMU) is neutral.