VIRTUS TOTAL RETURN FUND INC (ZF) Stock Technical Analysis
USA - NYSE:ZF -
Overall ZF gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ZF has an average technical rating and the quality of the presented setup is also not ideal 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.
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10.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.80 to 10.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.31 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.71 to 11.83. 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 | UP | POSITIVE | The long term trend for ZF is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZF is down. |
| ChartMill Relative Strength | 72.89 | POSITIVE | ZF has a high relative strength, it outperformed 72.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ZF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.35 | NEUTRAL | The RSI value for ZF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ZF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.08 | NEUTRAL | The Stochastics value for ZF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for ZF suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.00 | 10.79 | 1.21 (10.08%) | 9.92% |
| An entry @12.00. This is a Buy Stop order right above the 10 day high. | An exit @10.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.21 points, which is 10.08%. | When investing 9.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:ZF (11/15/2019, 8:04:06 PM)
11.22
+0.12 (+1.08%)
VIRTUS TOTAL RETURN FUND INC / ZF FAQ
What is the technical rating for ZF stock?
ChartMill assigns a technical rating of 6 / 10 to ZF.
What is the trend direction for ZF stock?
The current trend direction for VIRTUS TOTAL RETURN FUND INC (ZF) is Bullish.
What is the RSI signal for VIRTUS TOTAL RETURN FUND INC (ZF) stock?
VIRTUS TOTAL RETURN FUND INC (ZF) has an RSI value of 48.3515. This indicates that the stock is currently neutral.
What is the short term momentum for ZF stock?
The short term momentum for VIRTUS TOTAL RETURN FUND INC (ZF) is negative.
What are the support and resistance levels for VIRTUS TOTAL RETURN FUND INC (ZF) stock?
VIRTUS TOTAL RETURN FUND INC (ZF) has a support level at 10.93 and a resistance level at 11.71. Check the full technical report for our detailed analysis of ZF support and resistance levels.