VelocityShares Volatility Hdgd Lg Cp ETF (SPXH) Stock Technical Analysis
USA - NYSEARCA:SPXH -
33.55
+0.14 (+0.42%)
Overall SPXH gets a technical rating of 0 out of 10. SPXH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
66% of all other stocks performed better in the past year than SPXH.
SPXH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SPXH has a been trading in a tight range between 33.36 and 34.17.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SPXH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 33.54, a Stop Loss order could be placed below this zone.
More info and screens
31.50
34.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 33.40 to 33.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.82 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.61 to 34.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for SPXH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPXH is down. |
| ChartMill Relative Strength | 34.33 | NEUTRAL | SPXH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPXH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPXH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SPXH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.23 | NEUTRAL | The RSI value for SPXH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SPXH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.87 | OVERSOLD | The low Stochastics value suggests SPXH may be oversold. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for SPXH suggests low volalility. |
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)
VelocityShares Volatility Hdgd Lg Cp ETF
NYSEARCA:SPXH (3/20/2018, 8:25:31 PM)
33.55
+0.14 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.42%
1 Week-0.71%
2 Weeks-0.15%
1 Month-1.61%
3 Month-8.23%
6 Month-1.75%
12 Month2.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%0.89%
ATR Inc36.74%
Range Today0.64
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.33
Mansfield-0.88
10 Day High34.02
10 Day Low33.36
20 Day High34.17
20 Day Low33.36
52 Week High38.83
52 Week Low32.16
CS1 End33.54
CR1 Start33.61
Volume & EV
DER(3)0.73%
DER(5)0.98%
Volume29.80K
Volume Incr43.82%
Vol(5)50.00K
Vol(50)36.02K