VANECK IG FLOATING RATE ETF (FLTR) Stock Technical Analysis
NYSEARCA:FLTR - NYSE Arca - US92189F4862 - ETF - Currency: USD
Overall FLTR gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FLTR is only an average performer.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by FLTR, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
When compared to the yearly performance of all other stocks, FLTR outperforms 45% of them, which is more or less in line with the market.
FLTR is an average performer in the Automobile Components industry, it outperforms 48% of 83 stocks in the same industry.
In the last month FLTR has a been trading in a tight range between 25.44 and 25.56.
Although FLTR has an excellent technical rating, the quality of the presented setup is not ideal 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
24.90
25.83
When analyzing the support we notice one important area.
- A support zone ranging from 25.15 to 25.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.57 to 25.57. 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
CRS45.35
Mansfield-0.68
10 Day High25.56
10 Day Low25.47
20 Day High25.56
20 Day Low25.44
52 Week High25.56
52 Week Low25
Performance
1 Week0.2%
2 Weeks0.31%
1 Month0.24%
3 Month0.24%
6 Month0.51%
12 Month0.55%
2 Year0.99%
3 Year1.27%
5 Year0.87%
10 Year2.69%
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)0.01
RSI(14)64.82
LBB25.44
UBB25.57
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 |
|---|---|---|---|
| 25.58 | 25.46 | 0.12 (0.47%) | 25.00% |
| An entry @25.58. This is a Buy Stop order right above the resistance zone. | An exit @25.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 0.47%. | For a 0.12% total portfolio risk, you can invest 25.00% 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.
25.56
+0.01 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.04%
1 Week0.2%
2 Weeks0.31%
1 Month0.24%
3 Month0.24%
6 Month0.51%
12 Month0.55%
2 Year0.99%
3 Year1.27%
5 Year0.87%
10 Year2.69%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.1%
ATR Inc-21.41%
Range Today0.02
ADR(20)0.02
ADR(20)%0.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.35
Mansfield-0.68
10 Day High25.56
10 Day Low25.47
20 Day High25.56
20 Day Low25.44
52 Week High25.56
52 Week Low25
CS1 End25.52
CR1 Start25.57
Volume & EV
DER(3)1.87%
DER(5)3.93%
Volume551.60K
Volume Incr-28.59%
Vol(5)754.94K
Vol(50)970.82K