USA - NYSEARCA:SPYH - US78433H5688 - ETF
Overall SPYH gets a technical rating of 4 out of 10. In the last year, SPYH was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is only medium, SPYH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 54.63, a Stop Loss order could be placed below this zone.
51.98
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for SPYH is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPYH is neutral. |
ChartMill Relative Strength | 0 | NEGATIVE | SPYH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPYH is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPYH is above the rising SMA(50). |
Relative Strength Index/RSI (14) | 52.79 | NEUTRAL | The RSI value for SPYH is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SPYH has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 44.46 | NEUTRAL | The Stochastics value for SPYH is a neutral value. |
Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for SPYH suggests low volalility. |
Average Directional Index/ADX (14) | 22.19 | NEUTRAL | The ADX value for SPYH suggests a possible start of a new trend. |
54.6351
+0.26 (+0.48%)