NYSE:NETZ - New York Stock Exchange, Inc. - US29287L2051 - ETF - Currency: USD
Overall NETZ gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NETZ is showing a nice and steady performance.
Besides having an excellent technical rating, NETZ also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 77.85, a Stop Loss order could be placed below this zone.
71.56
We found 2 important support areas.
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 |
---|---|---|---|
79.38 | 75.99 | 3.39 (4.27%) | 23.40% |
An entry @79.38. This is a Buy Stop order right above the 10 day moving average. | An exit @75.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.39 points, which is 4.27%. | When investing 23.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
78.17
-0.68 (-0.86%)