DIR DLY FT CHI BE 3X ETF-USD (YANG) Technical Analysis
NYSEARCA:YANG • US25461A4601
Current stock price
YANG Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to YANG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, YANG is only an average performer.
- YANG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so YANG is lagging the market.
- The long and short term trends are both positive. This is looking good!
- In the last month YANG has a been trading in the 26.95 - 32.16 range, which is quite wide. It is currently trading near the high of this range.
- YANG has an average volume of 1333310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, YANG outperforms 69% of them, which is more or less in line with the market.
YANG Weekly and Daily overview Charts
YANG Setup Rating and Analysis
Although YANG has an excellent technical rating, it does not present a decent entry opportunity 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
YANG Support and Resistance Analysis
20.76
3 important support areas can be observed.
- A support zone ranging from 28.88 to 28.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.07 to 27.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.97 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 31.99 to 31.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
YANG Technical Indicator Signal Analysis
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 YANG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for YANG is up. |
| ChartMill Relative Strength | 69.5 | NEUTRAL | YANG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YANG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YANG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YANG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.2 | NEUTRAL | The RSI value for YANG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests YANG has a positive trend. |
| Stochastics (14,3) | 80.73 | OVERBOUGHT | The high Stochastics value suggests YANG may be overbought. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for YANG suggests high volalility. |
| Average Directional Index/ADX (14) | 27.62 | POSITIVE | The high ADX value value for YANG suggests a strong trend. |
YANG Chart- and CandleStick Pattern Analysis
YANG Technicals: Chart, Performance Metrics, Trend & Indicators
31.98
+0.32 (+1.01%)
DIR DLY FT CHI BE 3X ETF-USD / YANG TA FAQ
Can you provide the ChartMill technical rating for DIR DLY FT CHI BE 3X ETF-USD?
ChartMill assigns a technical rating of 8 / 10 to YANG.
What is the trend direction for YANG stock?
The current trend direction for DIR DLY FT CHI BE 3X ETF-USD (YANG) is Bullish.
What is the RSI signal for YANG stock?
DIR DLY FT CHI BE 3X ETF-USD (YANG) has an RSI value of 65.1976. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DIR DLY FT CHI BE 3X ETF-USD?
The MACD indicator for DIR DLY FT CHI BE 3X ETF-USD (YANG) has a value of 0.115375, indicating a bearish trend.
Can you provide the short term momentum for DIR DLY FT CHI BE 3X ETF-USD?
The short term momentum for DIR DLY FT CHI BE 3X ETF-USD (YANG) is positive.