ISHARES SH DBA ETF USD INC (NEAR) Stock Technical Analysis
NYSEARCA:NEAR - NYSE Arca - US46431W5076 - ETF - Currency: USD
Taking everything into account, NEAR scores 6 out of 10 in our technical rating. NEAR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
NEAR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 50.68, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
49.02
We found 1 important support area.
- A support zone ranging from 49.52 to 50.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 50.78 to 51.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 |
|---|---|---|---|
| 50.79 | 50.67 | 0.12 (0.24%) | 25.00% |
| An entry @50.79. This is a Buy Stop order right above the 10 day moving average. | An exit @50.67. 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 0.24%. | For a 0.06% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NEAR. Please evaluate whether better entry and exit points can be found.
- 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.
NYSEARCA:NEAR (3/7/2025, 8:04:00 PM)
50.735
-0.02 (-0.05%)