Technical Analysis for NFLT - Virtus Newfleet Multi-Sector Unconstrained Bond ETF

Grade Last Price % Change Price Change
grade A 24.785 -0.10% -0.03
NFLT closed down 0.1 percent on Wednesday, August 5, 2020, on 1.21 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat
Historical NFLT trend table...

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
Calm After Storm Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Calm After Storm Range Contraction -0.10%
Narrow Range Bar Range Contraction -0.10%
Gapped Up Strength -0.10%
Overbought Stochastic Strength -0.10%
20 DMA Support Bullish 0.06%
Hammer Candlestick Bullish 0.06%

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Profile

The investment seeks to provide a high level of current income and, secondarily, capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its total assets in bonds. The Sub-Adviser seeks to provide diversification by allocating the fund's investments among various sectors of the fixed income markets. The fund's fixed income investments may be issued by various types of issuers. It may invest in securities of U.S. or non-U.S. issuers of any maturity or credit quality rating.
Exchange Traded Fund ETF Bond Security Mutual Fund Bond Market Mortgage Backed Security

Is NFLT 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 25.3
52 Week Low 19.78
Average Volume 4,226
200-Day Moving Average 24.08
50-Day Moving Average 24.26
20-Day Moving Average 24.52
10-Day Moving Average 24.70
Average True Range 0.12
ADX 13.1
+DI 30.27
-DI 32.75
Chandelier Exit (Long, 3 ATRs ) 24.51
Chandelier Exit (Short, 3 ATRs ) 24.54
Upper Bollinger Band 24.91
Lower Bollinger Band 24.13
Percent B (%b) 0.84
BandWidth 3.18
MACD Line 0.17
MACD Signal Line 0.16
MACD Histogram 0.0109
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.98
Resistance 3 (R3) 24.99 24.93 24.95
Resistance 2 (R2) 24.93 24.88 24.93 24.94
Resistance 1 (R1) 24.86 24.85 24.83 24.85 24.93
Pivot Point 24.80 24.80 24.78 24.80 24.80
Support 1 (S1) 24.73 24.75 24.70 24.72 24.64
Support 2 (S2) 24.67 24.72 24.67 24.63
Support 3 (S3) 24.60 24.67 24.62
Support 4 (S4) 24.59