TEMA AMERICAN RESHORING ETF (RSHO) Stock Technical Analysis
NYSEARCA:RSHO - NYSE Arca - US87975E6023 - ETF - Currency: USD
Taking everything into account, RSHO scores 1 out of 10 in our technical rating. RSHO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month RSHO has a been trading in the 36.94 - 40.10 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, RSHO turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
RSHO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RSHO is lagging the market.
Considerably lower volume is observed in the last couple of days.
The technical rating of RSHO 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.
More info and screens
33.27
42.08
When analyzing the support we can see 3 important areas.
- Support @36.78 from a horizontal line in the weekly time frame.
- Support @34.24 from a horizontal line in the daily time frame.
- A support zone ranging from 33.61 to 33.67. 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 37.10 to 37.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 38.40 to 39.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.90 to 41.66. 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
CRS43.77
Mansfield-0.61
10 Day High39.18
10 Day Low36.94
20 Day High40.1
20 Day Low36.94
52 Week High41.82
52 Week Low33.22
Performance
1 Week-4.39%
2 Weeks-4.88%
1 Month-7.51%
3 Month-9.75%
6 Month0.6%
12 Month10.14%
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)-0.14
RSI(14)34.13
LBB37.51
UBB39.52
NYSEARCA:RSHO (2/21/2025, 8:04:00 PM)
37.0286
-1.12 (-2.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.95%
1 Week-4.39%
2 Weeks-4.88%
1 Month-7.51%
3 Month-9.75%
6 Month0.6%
12 Month10.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%1.67%
ATR Inc69.96%
Range Today1.31
ADR(20)0.51
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.77
Mansfield-0.61
10 Day High39.18
10 Day Low36.94
20 Day High40.1
20 Day Low36.94
52 Week High41.82
52 Week Low33.22
CS1 End36.78
CR1 Start37.1
Volume & EV
DER(3)-5.13%
DER(5)-3.16%
Volume40.20K
Volume Incr-80.6%
Vol(5)27.90K
Vol(50)79.02K