PROSHARES S&P TECH DVD ARIST (TDV) Stock Technical Analysis
NYSEARCA:TDV - NYSE Arca - US74347G6061 - ETF - Currency: USD
Overall TDV gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TDV is only an average performer.
Warning: TDV has an average volume of 8626 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.
TDV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TDV has a been trading in the 79.39 - 85.45 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Looking at the yearly performance, TDV did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
TDV has an excellent technical rating, but the quality of the setup is only medium 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
64.36
86.26
3 important support areas can be observed.
- A support zone ranging from 83.25 to 83.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 78.73 to 80.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @65.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 84.24 to 85.41. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for TDV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TDV is up. |
| ChartMill Relative Strength | 74.6 | POSITIVE | TDV has a high relative strength, it outperformed 74.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TDV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TDV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TDV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.06 | NEUTRAL | The RSI value for TDV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests TDV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.33 | NEUTRAL | The Stochastics value for TDV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for TDV suggests low volalility. |
| Average Directional Index/ADX (14) | 18.85 | NEGATIVE | The low ADX value for TDV suggests a weak or negative 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 |
|---|---|---|---|
| 84.25 | 83.24 | 1.01 (1.20%) | 25.00% |
| An entry @84.25. This is a Buy Stop order right above the 10 day moving average. | An exit @83.24. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.01 points, which is 1.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%. |
- The distance between exit and entry is rather small compared to the average daily movement of TDV. Please evaluate whether better entry and exit points can be found.
- 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.
83.88
-0.48 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.57%
1 Week0.67%
2 Weeks0.22%
1 Month5.72%
3 Month18.94%
6 Month7.14%
12 Month11.57%
2 Year24.28%
3 Year40.58%
5 Year94.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%1.09%
ATR Inc-31.04%
Range Today0.82
ADR(20)0.72
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.6
Mansfield0.18
10 Day High85.3
10 Day Low82.47
20 Day High85.45
20 Day Low79.39
52 Week High85.45
52 Week Low61.26
CS1 End84.24
CR1 Start84.52
Volume & EV
DER(3)-1.92%
DER(5)0.29%
Volume899
Volume Incr-0.56%
Vol(5)8.80K
Vol(50)8.63K