REX OSPREY SOL STAKING ETF (SSK) Stock Technical Analysis
NYSEARCA:SSK • US26923N2493
We assign a technical rating of 0 out of 10 to SSK. SSK'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than SSK.
- In the last month SSK has a been trading in the 10.42 - 22.37 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
The technical rating of SSK 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
10.35
We can see 2 important resistance areas.
- A resistance zone ranging from 18.90 to 19.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.76 from a trend line in the daily time frame.
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 SSK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSK is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SSK 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 SSK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SSK is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 24.38 | OVERSOLD | The low RSI value suggests SSK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests SSK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.49 | OVERSOLD | The low Stochastics value suggests SSK may be oversold. |
| Average True Range in percent/ATR (20) | 11.22 | HIGH VOLATILITY | The high ATR as a percentage value for SSK suggests high volalility. |
| Average Directional Index/ADX (14) | 44.17 | POSITIVE | The high ADX value value for SSK suggests a strong trend. |
10.45
-0.37 (-3.42%)
REX OSPREY SOL STAKING ETF / SSK FAQ
What is the ChartMill technical rating of REX OSPREY SOL STAKING ETF (SSK) stock?
ChartMill assigns a technical rating of 0 / 10 to SSK.
Can you provide the trend direction for REX OSPREY SOL STAKING ETF?
The current trend direction for REX OSPREY SOL STAKING ETF (SSK) is Bearish.
Can you provide the RSI signal for REX OSPREY SOL STAKING ETF?
REX OSPREY SOL STAKING ETF (SSK) has an RSI value of 24.375. This indicates that the stock is currently oversold.
What is the buy/sell signal for REX OSPREY SOL STAKING ETF (SSK) stock?
The buy/sell signal for REX OSPREY SOL STAKING ETF (SSK) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for REX OSPREY SOL STAKING ETF (SSK) stock?
REX OSPREY SOL STAKING ETF (SSK) has a resistance level at 18.9. Check the full technical report for our detailed analysis of SSK support and resistance levels.