SIMPLIFY HIGH YIELD ETF (CDX) Stock Technical Analysis
NYSEARCA:CDX - NYSE Arca - US82889N8305 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to CDX. CDX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, CDX outperforms 47% of them, which is more or less in line with the market.
CDX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month CDX has a been trading in a tight range between 22.36 and 23.32.
Volume is considerably higher in the last couple of days.
CDX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for CDX in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.16
24.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.41 to 22.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.81 to 21.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.94 to 23.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.93 to 23.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.59
Mansfield-0.36
10 Day High23.32
10 Day Low22.56
20 Day High23.32
20 Day Low22.37
52 Week High25.59
52 Week Low21.34
Performance
1 Week0%
2 Weeks1.69%
1 Month1.6%
3 Month-1.32%
6 Month-3.53%
12 Month-1.04%
2 Year4.56%
3 Year-6.91%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)59.47
LBB22.38
UBB23.27
22.93
-0.08 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.35%
1 Week0%
2 Weeks1.69%
1 Month1.6%
3 Month-1.32%
6 Month-3.53%
12 Month-1.04%
2 Year4.56%
3 Year-6.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.9%
ATR Inc-17.71%
Range Today0.15
ADR(20)0.2
ADR(20)%0.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.59
Mansfield-0.36
10 Day High23.32
10 Day Low22.56
20 Day High23.32
20 Day Low22.37
52 Week High25.59
52 Week Low21.34
CS1 End22.73
CR1 Start22.94
Volume & EV
DER(3)3.93%
DER(5)2.62%
Volume25.90K
Volume Incr71.98%
Vol(5)90.64K
Vol(50)56.83K