G-X Yieldco Index ETF (YLCO) Stock Technical Analysis
USA - NASDAQ:YLCO -
18.14
-0.21 (-1.14%)
19.49
+1.35 (+7.44%)
Taking everything into account, YLCO scores 6 out of 10 in our technical rating. In the last year, YLCO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month YLCO has a been trading in the 18.01 - 20.25 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
YLCO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so YLCO is lagging the market slightly.
When comparing the performance of all stocks over the past year, YLCO turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
YLCO has an average technical rating and it also does not offer a high 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
14.03
18.32
We found 6 important support areas.
- A support zone ranging from 18.13 to 18.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.48 from a trend line in the weekly time frame.
- Support @15.46 from a trend line in the daily time frame.
- Support @14.80 from a trend line in the daily time frame.
- Support @14.52 from a horizontal line in the daily time frame.
- Support @14.17 from a horizontal line in the daily time frame.
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 YLCO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for YLCO is neutral. |
| ChartMill Relative Strength | 60.64 | NEUTRAL | YLCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YLCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of YLCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of YLCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.39 | NEUTRAL | The RSI value for YLCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests YLCO has a negative trend. |
| Stochastics (14,3) | 4.08 | OVERSOLD | The low Stochastics value suggests YLCO may be oversold. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for YLCO suggests some 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)
18.14
-0.21 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.14%
1 Week-5.72%
2 Weeks-4.78%
1 Month-0.33%
3 Month21.99%
6 Month21.87%
12 Month17.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%2.33%
ATR Inc24.85%
Range Today0.59
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
CRS60.64
Mansfield0.66
10 Day High19.99
10 Day Low18.01
20 Day High20.25
20 Day Low18.01
52 Week High20.25
52 Week Low10.02
CS1 End18.13
CR1 StartN/A
Volume & EV
DER(3)-1.02%
DER(5)-3.8%
Volume114.10K
Volume Incr-8.2%
Vol(5)113.94K
Vol(50)103.16K