YILDMAX SNOW OPT INCM ST ETF (SNOY) Stock Technical Analysis
NYSEARCA:SNOY - NYSE Arca - US88636J7744 - ETF - Currency: USD
Taking everything into account, SNOY scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SNOY was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SNOY is a bad performer in the overall market: 100% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SNOY has a been trading in the 15.23 - 17.43 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SNOY has an average technical rating and also the quality of the setup is 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
15.17
18.40
When analyzing the support we can see 3 important areas.
- Support @16.95 from a horizontal line in the daily time frame.
- A support zone ranging from 16.21 to 16.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.32 to 15.72. 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.
- A resistance zone ranging from 17.10 to 17.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 18.09 to 18.22. 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 SNOY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNOY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SNOY 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 SNOY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNOY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNOY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.51 | NEUTRAL | The RSI value for SNOY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SNOY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.01 | OVERBOUGHT | The high Stochastics value suggests SNOY may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for SNOY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.33 | NEGATIVE | The low ADX value for SNOY 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)
17.09
-0.13 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.75%
1 Week11.55%
2 Weeks1.67%
1 Month13.03%
3 Month-7.97%
6 Month-16.63%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%2.81%
ATR Inc-42.14%
Range Today0.37
ADR(20)0.31
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High17.43
10 Day Low15.23
20 Day High17.43
20 Day Low15.23
52 Week HighN/A
52 Week LowN/A
CS1 End16.95
CR1 Start17.1
Volume & EV
DER(3)-5.27%
DER(5)-0.55%
Volume38.80K
Volume Incr-12.4%
Vol(5)95.52K
Vol(50)100.02K