GRANITESHARES BCOM BROAD STR (COMB) Stock Technical Analysis
NYSEARCA:COMB - NYSE Arca - US38747R1086 - ETF - Currency: USD
Overall COMB gets a technical rating of 9 out of 10. Both in the recent history as in the last year, COMB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that COMB is one of the better performing stocks in the market, outperforming 80% of all stocks.
COMB is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so COMB slightly outperforms the market at the moment.
In the last month COMB has a been trading in the 19.80 - 21.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, COMB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.19, a Stop Loss order could be placed below this zone.
More info and screens
18.70
22.08
We found 3 important support areas.
- A support zone ranging from 20.10 to 21.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.75 from a horizontal line in the weekly time frame.
- A support zone ranging from 18.89 to 18.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.36 to 21.86. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS80.77
Mansfield0.17
10 Day High21.56
10 Day Low20.88
20 Day High21.92
20 Day Low19.8
52 Week High21.92
52 Week Low18.86
Performance
1 Week1.77%
2 Weeks-1.6%
1 Month0.59%
3 Month5.84%
6 Month11.29%
12 Month9.21%
2 Year0.16%
3 Year-33.67%
5 Year14.74%
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)-0.06
RSI(14)53.74
LBB20.76
UBB21.94
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 |
|---|---|---|---|
| 21.87 | 20.87 | 1.00 (4.57%) | 21.87% |
| An entry @21.87. This is a Buy Stop order right above the resistance zone. | An exit @20.87. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.00 points, which is 4.57%. | For a 1.00% total portfolio risk, you can invest 21.87% of your capital in this trade. |
- 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.
21.285
+0.1 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.47%
1 Week1.77%
2 Weeks-1.6%
1 Month0.59%
3 Month5.84%
6 Month11.29%
12 Month9.21%
2 Year0.16%
3 Year-33.67%
5 Year14.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.22%
ATR Inc-58.33%
Range Today0.17
ADR(20)0.23
ADR(20)%1.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.77
Mansfield0.17
10 Day High21.56
10 Day Low20.88
20 Day High21.92
20 Day Low19.8
52 Week High21.92
52 Week Low18.86
CS1 End21.19
CR1 Start21.36
Volume & EV
DER(3)1.38%
DER(5)1.1%
Volume10.80K
Volume Incr4.42%
Vol(5)68.82K
Vol(50)49.05K