Technical Analysis for GGM - GGM Macro Alignment ETF
Grade | Last Price | % Change | Price Change |
---|---|---|---|
D | 26.06 | -0.27% | -0.07 |
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | Down | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
NR7 | Range Contraction | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Lower Bollinger Band Walk | Weakness | 0.00% | |
Below Lower BB | Weakness | 0.00% | |
Down 3 Days in a Row | Weakness | 0.00% | |
Gapped Down | Weakness | 0.00% | |
Oversold Stochastic | Weakness | 0.00% | |
MACD Bearish Centerline Cross | Bearish | -0.27% | |
180 Bearish Setup | Bearish Swing Setup | -0.27% | |
Narrow Range Bar | Range Contraction | -0.27% |
Free Daily (Stock) Chart Reading
GGM Macro Alignment ETF Description
GGM is the first ETF offered by GGM. The fund aims to outperform the S&P 500 by constructing an equally-weighted portfolio that continually adapts to the evolving economic conditions of the US market. Holdings include ETFs that represent the GICS sectors and sub-sectors, equities of any size, and both growth and value investment styles, in addition to fixed income. In selecting, the fund emphasizes those with low expenses, minimal tracking err, and ample liquidity. Using a quantitative, rule-based process, the fund assesses key economic variables like growth rates and inflation expectations. On a quarterly basis, the fund chooses three sector ETFs and two style ETFs based on its anticipated economic outlook for the next quarter. Specifically, it selects those with the highest rolling back-tested return percentages. Due to active trading, the fund may experience a high portfolio turnover rate. Note that fixed-income exposure is only present during defensive positions.
Classification
Keywords: Exchange Traded Funds Investment Management Passive Management
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 27.421 |
52 Week Low | 23.5524 |
Average Volume | 1,194 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 26.69 |
20-Day Moving Average | 26.80 |
10-Day Moving Average | 26.68 |
Average True Range | 0.19 |
RSI (14) | 34.21 |
ADX | 15.62 |
+DI | 30.61 |
-DI | 58.46 |
Chandelier Exit (Long, 3 ATRs) | 26.85 |
Chandelier Exit (Short, 3 ATRs) | 26.62 |
Upper Bollinger Bands | 27.41 |
Lower Bollinger Band | 26.20 |
Percent B (%b) | -0.11 |
BandWidth | 4.53 |
MACD Line | -0.09 |
MACD Signal Line | 0.02 |
MACD Histogram | -0.1088 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 26.06 | ||||
Resistance 3 (R3) | 26.06 | 26.06 | 26.06 | ||
Resistance 2 (R2) | 26.06 | 26.06 | 26.06 | 26.06 | |
Resistance 1 (R1) | 26.06 | 26.06 | 26.06 | 26.06 | 26.06 |
Pivot Point | 26.06 | 26.06 | 26.06 | 26.06 | 26.06 |
Support 1 (S1) | 26.06 | 26.06 | 26.06 | 26.06 | 26.06 |
Support 2 (S2) | 26.06 | 26.06 | 26.06 | 26.06 | |
Support 3 (S3) | 26.06 | 26.06 | 26.06 | ||
Support 4 (S4) | 26.06 |