GRAYSCALE ETHEREUM TRUST ETF (ETHE) Stock Technical Analysis
NYSEARCA:ETHE - NYSE Arca - US3896381072 - ETF - Currency: USD
Taking everything into account, ETHE scores 0 out of 10 in our technical rating. ETHE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ETHE is a bad performer in the overall market: 100% of all stocks are doing better.
ETHE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ETHE has an average volume of 4059460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ETHE is bad and it also does not present a quality setup 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.
More info and screens
17.82
22.64
When analyzing the resistance we notice 3 important areas.
- Resistance @18.63 from a horizontal line in the daily time frame.
- Resistance @19.74 from a trend line in the daily time frame.
- Resistance @22.42 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High22.45
10 Day Low16.65
20 Day High23.69
20 Day Low16.65
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-2.76%
2 Weeks-18%
1 Month-20.91%
3 Month-47.17%
6 Month-4%
12 MonthN/A
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)-0.11
RSI(14)30.99
LBB16.18
UBB23.81
18
-0.36 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.96%
1 Week-2.76%
2 Weeks-18%
1 Month-20.91%
3 Month-47.17%
6 Month-4%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.26
ATR(20)%6.71%
ATR Inc-28.09%
Range Today0.98
ADR(20)1.06
ADR(20)%5.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High22.45
10 Day Low16.65
20 Day High23.69
20 Day Low16.65
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start18.63
Volume & EV
DER(3)-1.38%
DER(5)-2.59%
Volume4.61M
Volume Incr49.23%
Vol(5)6.76M
Vol(50)4.06M