ETC 6 MERIDIAN LOW BETA EQUI (SIXL) Stock Technical Analysis
NYSEARCA:SIXL - NYSE Arca - US3015056993 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to SIXL. SIXL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: SIXL has an average volume of 6552 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SIXL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SIXL is lagging the market slightly.
When comparing the performance of all stocks over the past year, SIXL turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
In the last month SIXL has a been trading in a tight range between 37.38 and 38.24.
Considerably lower volume is observed in the last couple of days.
SIXL has only a medium technical rating, but it does show 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 a support zone below the current price at 37.62, a Stop Loss order could be placed below this zone.
More info and screens
36.01
39.74
When analyzing the support we notice one important area.
- A support zone ranging from 36.37 to 37.62. 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 2 important areas.
- A resistance zone ranging from 37.63 to 38.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.89 to 39.35. 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
CRS59.16
Mansfield-0.32
10 Day High38.24
10 Day Low37.62
20 Day High38.24
20 Day Low37.38
52 Week High39.47
52 Week Low33.01
Performance
1 Week-1.49%
2 Weeks-0.78%
1 Month0.07%
3 Month-3.47%
6 Month1.67%
12 Month11.09%
2 Year13.79%
3 Year12.4%
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)-0.01
RSI(14)47.11
LBB37.56
UBB38.15
NYSEARCA:SIXL (2/21/2025, 8:04:00 PM)
37.6256
-0.31 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.83%
1 Week-1.49%
2 Weeks-0.78%
1 Month0.07%
3 Month-3.47%
6 Month1.67%
12 Month11.09%
2 Year13.79%
3 Year12.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%0.67%
ATR Inc-11.19%
Range Today0
ADR(20)0.18
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.16
Mansfield-0.32
10 Day High38.24
10 Day Low37.62
20 Day High38.24
20 Day Low37.38
52 Week High39.47
52 Week Low33.01
CS1 End37.62
CR1 Start37.63
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-70.92%
Vol(5)3.12K
Vol(50)6.55K