Logo image of SPAX

ROBINSON ALT YLD PRE-MERGER (SPAX) Stock Technical Analysis

NYSEARCA:SPAX - NYSE Arca - US8863646787 - ETF - Currency: USD

20.275  -0.08 (-0.39%)

Technical Rating and Analysis

2

Overall SPAX gets a technical rating of 2 out of 10. SPAX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Warning: SPAX has an average volume of 4928 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, SPAX turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
SPAX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPAX is lagging the market.
In the last month SPAX has a been trading in a tight range between 20.16 and 20.69.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ROBINSON ALT YLD PRE-MERGER / SPAX Weekly stock chart
ROBINSON ALT YLD PRE-MERGER / SPAX Daily stock chart
Setup Rating and Analysis

7

SPAX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 20.21, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

19.75

21.85

When analyzing the support we notice one important area.

  • A support zone ranging from 19.95 to 20.21. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 20.29 to 20.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong resistance @21.63 from a horizontal line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for SPAX is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for SPAX is neutral.
ChartMill Relative Strength67.98NEUTRALSPAX is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SPAX is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SPAX is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SPAX is below a declining SMA(200).
Relative Strength Index/RSI (14)46.88NEUTRALThe RSI value for SPAX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests SPAX has a negative trend.
Stochastics (14,3)31.79NEUTRALThe Stochastics value for SPAX is a neutral value.
Average True Range in percent/ATR (20)0.6LOW VOLATILITYThe low ATR as a percentage value for SPAX suggests low volalility.
Average Directional Index/ADX (14)31.04POSITIVEThe high ADX value value for SPAX suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
ROBINSON ALT YLD PRE-MERGER / SPAX Daily stock chart

ROBINSON ALT YLD PRE-MERGER

NYSEARCA:SPAX (4/7/2025, 8:04:00 PM)

20.275

-0.08 (-0.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.39%
1 Week-0.34%
2 Weeks-0.25%
1 Month-0.22%
3 Month0.77%
6 Month-0.02%
12 Month-0.16%
2 Year-4.18%
3 Year-1.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.6%
ATR Inc-72.26%
Range Today0
ADR(20)0.1
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.98
Mansfield1.1
10 Day High20.69
10 Day Low20.18
20 Day High20.69
20 Day Low20.16
52 Week High21.5
52 Week Low19.7
CS1 End20.21
CR1 Start20.29
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-96.54%
Vol(5)360
Vol(50)4.93K