RBS NASDAQ 100 Trendpilot ETN (TNDQ) Stock Technical Analysis
NYSEARCA:TNDQ - NYSE Arca -
Taking everything into account, TNDQ scores 2 out of 10 in our technical rating. In the last year, TNDQ was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: TNDQ has an average volume of 19110 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
TNDQ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TNDQ is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, TNDQ outperforms 54% of them, which is more or less in line with the market.
In the last month TNDQ has a been trading in a tight range between 39.61 and 41.26.
Volume is considerably higher in the last couple of days.
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.
More info and screens
36.20
41.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 39.69 to 39.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 36.57 to 37.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.20 to 41.16. 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 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. |
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)
NYSEARCA:TNDQ (7/6/2015, 8:25:46 PM)
39.76
+0.07 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.18%
1 Week-1.97%
2 Weeks-2.74%
1 Month-2%
3 Month-0.72%
6 Month4%
12 Month4.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%0.89%
ATR Inc-68.12%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.19
Mansfield0.03
10 Day High41.26
10 Day Low39.61
20 Day High41.26
20 Day Low39.61
52 Week High41.26
52 Week Low36.02
CS1 End39.7
CR1 Start40.2
Volume & EV
DER(3)-0.47%
DER(5)-2.41%
Volume68.40K
Volume Incr135.79%
Vol(5)57.38K
Vol(50)19.11K