Overall TNDQ gets a technical rating of 2 out of 10. TNDQ has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The technical rating of TNDQ 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.
36.20
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 TNDQ is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TNDQ is down. |
| ChartMill Relative Strength | 54.19 | NEUTRAL | TNDQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TNDQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TNDQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TNDQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.23 | NEUTRAL | The RSI value for TNDQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests TNDQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.27 | OVERSOLD | The low Stochastics value suggests TNDQ may be oversold. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for TNDQ suggests low volalility. |
NYSEARCA:TNDQ (7/6/2015, 8:25:46 PM)
39.76
+0.07 (+0.18%)
ChartMill assigns a technical rating of 2 / 10 to TNDQ.
The current trend direction for RBS NASDAQ 100 Trendpilot ETN (TNDQ) is Bullish.
RBS NASDAQ 100 Trendpilot ETN (TNDQ) has an RSI value of 40.225. This indicates that the stock is currently neutral.
The MACD indicator for RBS NASDAQ 100 Trendpilot ETN (TNDQ) has a value of -0.130481, indicating a bearish trend.
RBS NASDAQ 100 Trendpilot ETN (TNDQ) has a support level at 39.7 and a resistance level at 40.2. Check the full technical report for our detailed analysis of TNDQ support and resistance levels.