GLOBAL X DEFENSE TECH ETF (SHLD) Stock Technical Analysis
NYSEARCA:SHLD - NYSE Arca - US37960A5294 - ETF - Currency: USD
Taking everything into account, SHLD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SHLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SHLD did better than 95% of all other stocks. We also observe that the gains produced by SHLD over the past year are nicely spread over this period.
SHLD is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
SHLD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, SHLD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
36.04
49.95
5 important support areas can be observed.
- Support @44.63 from a trend line in the daily time frame.
- A support zone ranging from 43.56 to 43.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.35 to 39.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 37.39 to 37.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @36.40 from a horizontal 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
CRS95.66
Mansfield3.71
10 Day High50.93
10 Day Low44.06
20 Day High50.93
20 Day Low42.01
52 Week High50.93
52 Week Low32.42
Performance
1 Week-1.42%
2 Weeks13.52%
1 Month3.78%
3 Month23.19%
6 Month29.04%
12 Month49.95%
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)0.19
RSI(14)59.73
LBB43.18
UBB52.96
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 |
|---|---|---|---|
| 50.94 | 44.05 | 6.89 (13.52%) | 7.40% |
| An entry @50.94. This is a Buy Stop order right above the 10 day high. | An exit @44.05. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.89 points, which is 13.52%. | For a 1.00% total portfolio risk, you can invest 7.40% 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.
49.46
-0.51 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.02%
1 Week-1.42%
2 Weeks13.52%
1 Month3.78%
3 Month23.19%
6 Month29.04%
12 Month49.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.65
ATR(20)%2.81%
ATR Inc-33.67%
Range Today0.75
ADR(20)1.22
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.66
Mansfield3.71
10 Day High50.93
10 Day Low44.06
20 Day High50.93
20 Day Low42.01
52 Week High50.93
52 Week Low32.42
CS1 End44.63
CR1 StartN/A
Volume & EV
DER(3)-0.58%
DER(5)2.21%
Volume778.90K
Volume Incr15.26%
Vol(5)874.26K
Vol(50)675.32K