USA - NYSEARCA:SPLV - US46138E3541 - ETF
Taking everything into account, SPLV scores 1 out of 10 in our technical rating. SPLV 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.
Although the technical rating is bad, SPLV does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 72.42, a Stop Loss order could be placed below this zone.
67.45
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 SPLV is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPLV is down. |
ChartMill Relative Strength | 43.77 | NEUTRAL | SPLV is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPLV is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPLV is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of SPLV is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 45.17 | NEUTRAL | The RSI value for SPLV is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SPLV has a negative trend. |
Stochastics (14,3) | 39.8 | NEUTRAL | The Stochastics value for SPLV is a neutral value. |
Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for SPLV suggests low volalility. |
Average Directional Index/ADX (14) | 8.88 | NEGATIVE | The low ADX value for SPLV suggests a weak or negative trend. |
72.43
+0.08 (+0.11%)