FAIRLEAD TACTICAL SECTOR ETF (TACK) Technical Analysis
NYSEARCA:TACK • US14064D5501
Current stock price
TACK Technical Rating and Analysis
Overall TACK gets a technical rating of 5 out of 10. In the last year, TACK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- Warning: TACK has an average volume of 22736 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- TACK 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 TACK is lagging the market slightly.
- When compared to the yearly performance of all other stocks, TACK outperforms 51% of them, which is more or less in line with the market.
- In the last month TACK has a been trading in a tight range between 29.78 and 31.15.
TACK Weekly and Daily overview Charts
TACK Setup Rating and Analysis
Although the technical rating is only medium, TACK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 30.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TACK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
TACK Support and Resistance Analysis
28.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 29.61 to 30.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.85 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 30.69 to 31.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 31.81 to 31.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
TACK Technical Indicator Signal Analysis
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 TACK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TACK is neutral. |
| ChartMill Relative Strength | 51.49 | NEUTRAL | TACK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TACK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TACK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TACK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.99 | NEUTRAL | The RSI value for TACK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TACK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.81 | NEUTRAL | The Stochastics value for TACK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for TACK suggests low volalility. |
| Average Directional Index/ADX (14) | 21.2 | NEUTRAL | The ADX value for TACK suggests a possible start of a new trend. |
TACK Chart- and CandleStick Pattern Analysis
TACK Technicals: Chart, Performance Metrics, Trend & Indicators
30.69
0 (0%)
FAIRLEAD TACTICAL SECTOR ETF / TACK TA FAQ
What is the ChartMill technical rating of FAIRLEAD TACTICAL SECTOR ETF (TACK) stock?
ChartMill assigns a technical rating of 5 / 10 to TACK.
What is the current trend direction of FAIRLEAD TACTICAL SECTOR ETF (TACK) stock?
The current trend direction for FAIRLEAD TACTICAL SECTOR ETF (TACK) is Bullish.
What is the RSI signal for FAIRLEAD TACTICAL SECTOR ETF (TACK) stock?
FAIRLEAD TACTICAL SECTOR ETF (TACK) has an RSI value of 48.9898. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FAIRLEAD TACTICAL SECTOR ETF?
The MACD indicator for FAIRLEAD TACTICAL SECTOR ETF (TACK) has a value of 0.0104689, indicating a bearish trend.
Can you provide the support and resistance levels for FAIRLEAD TACTICAL SECTOR ETF?
FAIRLEAD TACTICAL SECTOR ETF (TACK) has a support level at 30.67 and a resistance level at 30.69. Check the full technical report for our detailed analysis of TACK support and resistance levels.