CAMBRIA TAX AWARE ETF (TAX) Stock Technical Analysis
NASDAQ:TAX - Nasdaq - US02072Q8042 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to TAX. Although TAX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, TAX is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: TAX has an average volume of 1022 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month TAX has a been trading in a tight range between 24.37 and 25.05.
Considerably lower volume is observed in the last couple of days.
Although TAX has an excellent technical rating, the quality of the presented setup is not ideal 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
24.13
25.80
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.78 to 25.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.37 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.06 to 25.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.54 from a horizontal 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 | UP | POSITIVE | The long term trend for TAX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TAX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TAX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TAX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TAX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 65.08 | NEUTRAL | The RSI value for TAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TAX has a negative trend. |
| Stochastics (14,3) | 98.65 | OVERBOUGHT | The high Stochastics value suggests TAX may be overbought. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for TAX suggests low volalility. |
| Average Directional Index/ADX (14) | 30.26 | POSITIVE | The high ADX value value for TAX suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.07 | 24.77 | 0.30 (1.20%) | 25.00% |
| An entry @25.07. This is a Buy Stop order right above the resistance zone. | An exit @24.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.30 points, which is 1.20%. | For a 0.30% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:TAX (6/10/2025, 8:11:01 PM)
25.0298
-0.02 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.07%
1 Week0.26%
2 Weeks0.78%
1 Month2.51%
3 Month8.79%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.52%
ATR Inc-92.14%
Range Today0
ADR(20)0.01
ADR(20)%0.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High25.05
10 Day Low24.66
20 Day High25.05
20 Day Low24.37
52 Week HighN/A
52 Week LowN/A
CS1 End25.02
CR1 Start25.06
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-75%
Vol(5)100
Vol(50)1.02K