Technical Analysis for CTA - Simplify Managed Futures Strategy ETF

Grade Last Price % Change Price Change
A 26.91 -0.07% -0.02
CTA closed up 1.43 percent on Monday, April 15, 2024, on 2.23 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -0.07%
Pocket Pivot Bullish Swing Setup -0.07%
NR7 Range Contraction -0.07%
New 52 Week High Strength -0.07%
Upper Bollinger Band Walk Strength -0.07%
Above Upper BB Strength -0.07%
Gapped Up Strength -0.07%
Overbought Stochastic Strength -0.07%
Upper Bollinger Band Touch Strength -0.07%
New 52 Week High Strength 1.36%

   Recent Intraday Alerts

Alert Time
Gapped Down (Partial) 21 minutes ago
Rose Above Previous Day's High 21 minutes ago
New 52 Week High 21 minutes ago
Fell Below Upper Bollinger Band 21 minutes ago
2x Volume Pace about 18 hours ago

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Profile

Simplify Managed Futures Strategy ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc. It is co-managed by Altis Partners Limited. The fund invests in public equity, fixed income, and commodity markets of the United States. For its equity portion, it takes long/short positions to invest through derivatives such as futures contracts to invest in stocks of companies operating across diversified sectors. For its fixed income portion, the fund invests in U.S. Treasury securities or other high credit quality, short-term fixed-income or similar securities. For its commodity portion, it invests through a wholly owned Cayman Islands subsidiary. Simplify Managed Futures Strategy ETF is domiciled in the United States.
Classification

Keywords: Exchange Traded Funds Betashares U.S. Treasury Synthetic Replication Commodity Markets Managed Futures Account

Is CTA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.93
52 Week Low 21.881
Average Volume 56,638
200-Day Moving Average 24.40
50-Day Moving Average 25.06
20-Day Moving Average 25.53
10-Day Moving Average 25.97
Average True Range 0.35
RSI (14) 73.89
ADX 23.89
+DI 38.64
-DI 12.16
Chandelier Exit (Long, 3 ATRs) 25.88
Chandelier Exit (Short, 3 ATRs) 25.71
Upper Bollinger Bands 26.78
Lower Bollinger Band 24.28
Percent B (%b) 1.06
BandWidth 9.79
MACD Line 0.46
MACD Signal Line 0.30
MACD Histogram 0.1552
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.23
Resistance 3 (R3) 27.20 27.06 27.18
Resistance 2 (R2) 27.06 26.99 27.08 27.17
Resistance 1 (R1) 27.00 26.94 27.03 27.03 27.15
Pivot Point 26.86 26.86 26.88 26.88 26.86
Support 1 (S1) 26.80 26.79 26.83 26.83 26.71
Support 2 (S2) 26.66 26.74 26.68 26.69
Support 3 (S3) 26.59 26.66 26.68
Support 4 (S4) 26.63