NYSEARCA:TAXF - NYSE Arca - US0250725050 - ETF - Currency: USD
Taking everything into account, TAXF scores 2 out of 10 in our technical rating. TAXF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, TAXF does present a nice setup opportunity. Prices have been consolidating lately.
46.84
We found 1 important support area.
2 important resistance areas can be observed.
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 TAXF is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TAXF is neutral. |
ChartMill Relative Strength | 41.42 | NEUTRAL | TAXF is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of TAXF is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TAXF is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TAXF is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 44.58 | NEUTRAL | The RSI value for TAXF is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TAXF has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 37.84 | NEUTRAL | The Stochastics value for TAXF is a neutral value. |
Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for TAXF suggests low volalility. |
Average Directional Index/ADX (14) | 23.18 | NEUTRAL | The ADX value for TAXF suggests a possible start of a new trend. |
NYSEARCA:TAXF (5/22/2025, 8:04:00 PM)
48.61
+0.01 (+0.02%)