GLOBAL X SUPERDIVIDEND REIT (SRET) Stock Technical Analysis
USA - NASDAQ:SRET - US37960A6516 - ETF
21.1649 USD
-0.12 (-0.55%)
21.47 USD
+0.31 (+1.44%)
Taking everything into account, SRET scores 1 out of 10 in our technical rating. SRET's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, SRET is a bad performer in the overall market: 64% of all stocks are doing better.
SRET is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SRET is lagging the market slightly.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
In the last month SRET has a been trading in a tight range between 21.14 and 22.13.
The technical rating of SRET is bad and it also does not present a quality setup 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
18.97
22.93
3 important support areas can be observed.
- Support @21.05 from a horizontal line in the daily time frame.
- A support zone ranging from 20.38 to 20.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 19.16 to 19.26. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 21.31 to 21.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.05 to 22.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.58 to 22.70. 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 SRET is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRET is down. |
| ChartMill Relative Strength | 36.61 | NEUTRAL | SRET is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRET is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SRET is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.8 | NEUTRAL | The RSI value for SRET is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SRET has a negative trend. |
| Stochastics (14,3) | 14.24 | OVERSOLD | The low Stochastics value suggests SRET may be oversold. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for SRET suggests low volalility. |
| Average Directional Index/ADX (14) | 20.31 | NEUTRAL | The ADX value for SRET suggests a possible start of a new 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)
21.1649
-0.12 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.55%
1 Week-2.6%
2 Weeks-1.63%
1 Month-4.01%
3 Month-0.31%
6 Month10.41%
12 Month-2.38%
2 Year13.24%
3 Year-1.88%
5 Year-6.93%
10 Year-46.47%
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.01%
ATR Inc45.59%
Range Today0.33
ADR(20)0.21
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.61
Mansfield-0.73
10 Day High21.88
10 Day Low21.14
20 Day High22.13
20 Day Low21.14
52 Week High22.22
52 Week Low18.09
CS1 End21.05
CR1 Start21.31
Volume & EV
DER(3)1.04%
DER(5)-3.67%
Volume45.30K
Volume Incr-13.6%
Vol(5)41.06K
Vol(50)41.78K