Taking everything into account, CDX scores 0 out of 10 in our technical rating. CDX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CDX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.40, a Stop Loss order could be placed below this zone.
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21.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.40 to 22.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 21.77 to 21.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.47 to 23.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.95 to 23.95. This zone is formed by a combination of multiple trend lines in the weekly 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 | DOWN | NEGATIVE | The long term trend for CDX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CDX is down. |
| ChartMill Relative Strength | 33.35 | NEUTRAL | CDX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CDX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CDX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CDX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.67 | NEUTRAL | The RSI value for CDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CDX has a positive trend. |
| Stochastics (14,3) | 39.7 | NEUTRAL | The Stochastics value for CDX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for CDX suggests low volalility. |
| Average Directional Index/ADX (14) | 19.73 | NEGATIVE | The low ADX value for CDX suggests a weak or negative trend. |
NYSEARCA:CDX (12/19/2025, 8:04:00 PM)
22.41
-0.02 (-0.09%)
SIMPLIFY HIGH YIELD ETF / CDX FAQ
What is the technical rating for CDX stock?
ChartMill assigns a technical rating of 0 / 10 to CDX.
What is the trend direction for CDX stock?
The current trend direction for SIMPLIFY HIGH YIELD ETF (CDX) is Bearish.
What is the RSI signal for CDX stock?
SIMPLIFY HIGH YIELD ETF (CDX) has an RSI value of 40.6739. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SIMPLIFY HIGH YIELD ETF?
The short term momentum for SIMPLIFY HIGH YIELD ETF (CDX) is negative.
What is the support and resistance level for CDX stock?
SIMPLIFY HIGH YIELD ETF (CDX) has a support level at 22.4 and a resistance level at 22.47. Check the full technical report for our detailed analysis of CDX support and resistance levels.