VelocityShares Tail Risk Hdgd Lg Cp ETF (TRSK) Stock Technical Analysis
USA - NYSEARCA:TRSK -
29.57
0 (0%)
Taking everything into account, TRSK scores 1 out of 10 in our technical rating. TRSK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
63% of all other stocks performed better in the past year than TRSK.
TRSK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
TRSK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: TRSK has an average volume of 5600 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month TRSK has a been trading in a tight range between 29.19 and 30.19.
TRSK has a poor technical rating and the quality of the setup is also not perfect 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
26.70
33.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 29.52 to 29.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.97 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 29.60 to 29.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.36 to 30.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.15 to 33.15. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for TRSK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRSK is down. |
| ChartMill Relative Strength | 37.71 | NEUTRAL | TRSK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TRSK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRSK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TRSK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.27 | NEUTRAL | The RSI value for TRSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests TRSK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.94 | NEUTRAL | The Stochastics value for TRSK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for TRSK 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)
VelocityShares Tail Risk Hdgd Lg Cp ETF
NYSEARCA:TRSK (3/20/2018, 8:28:52 PM)
29.57
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.27%
2 Weeks-2.05%
1 Month0.1%
3 Month-5.56%
6 Month-0.27%
12 Month1.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.63%
ATR Inc89.42%
Range Today0.41
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
CRS37.71
Mansfield-0.78
10 Day High30.05
10 Day Low29.19
20 Day High30.19
20 Day Low29.19
52 Week High33.32
52 Week Low28.89
CS1 End29.56
CR1 Start29.6
Volume & EV
DER(3)0%
DER(5)-0.21%
Volume5.60K
Volume Incr795.78%
Vol(5)26.56K
Vol(50)5.60K