SIMPLIFY MKT NTRL EQ L/S ETF (EQLS)

US82889N5418 - ETF

20.9359  -0.37 (-1.71%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to EQLS. EQLS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EQLS is a bad performer in the overall market: 81% of all stocks are doing better.
EQLS is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month EQLS has a been trading in a tight range between 20.90 and 21.87.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
EQLS Weekly chart
EQLS Daily chart
Setup Rating and Analysis

1

The technical rating of EQLS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

20.72

23.95

When analyzing the support we notice one important area.

  • A support zone ranging from 20.93 to 20.93. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 21.49 to 22.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 22.61 to 22.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 23.27 to 23.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.52
Mansfield-1.88
10 Day High21.87
10 Day Low20.9
20 Day High21.87
20 Day Low20.9
52 Week High24.84
52 Week Low20.9
Performance
1 Week-3.83%
2 Weeks-2.94%
1 Month-3.84%
3 Month-6.87%
6 Month-9.31%
12 Month-15.27%
2 YearN/A
3 YearN/A
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)-0.04
RSI(14)31.51
LBB21.02
UBB21.92
EQLS Daily chart

SIMPLIFY MKT NTRL EQ L/S ETF

NYSEARCA:EQLS (11/20/2024, 8:19:03 PM)

20.9359

-0.37 (-1.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.71%
1 Week-3.83%
2 Weeks-2.94%
1 Month-3.84%
3 Month-6.87%
6 Month-9.31%
12 Month-15.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%1.04%
ATR Inc
Range Today0.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.87
10 Day Low20.9
20 Day High21.87
20 Day Low20.9
52 Week High24.84
52 Week Low20.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume402.50K
Volume Incr306.17%
Vol(5)630.60K
Vol(50)129.03K