Technical Analysis for ROMO - Strategy Shares Newfound/ReSolve Robust Momentum ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 27.96 | 0.10% | 0.03 |
ROMO closed up 1.19 percent on Tuesday, April 23, 2024, on 50 percent of 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 stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Flat | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 50 DMA | Bullish | 0.10% | |
| NR7 | Range Contraction | 0.10% | |
| Narrow Range Bar | Range Contraction | 0.10% | |
| Gapped Up | Strength | 0.10% | |
| Oversold Stochastic | Weakness | 0.10% | |
| Lower Bollinger Band Walk | Weakness | 1.29% | |
| Gapped Up | Strength | 1.29% | |
| Oversold Stochastic | Weakness | 1.29% | |
| Stochastic Buy Signal | Bullish | 2.12% | |
| Lower Bollinger Band Walk | Weakness | 2.12% |
| Alert | Time |
|---|---|
| Gap Up Closed | about 2 hours ago |
| 10 DMA Support | about 2 hours ago |
| 50 DMA Support | about 2 hours ago |
| 60 Minute Opening Range Breakdown | about 2 hours ago |
| Outside Day | about 2 hours ago |
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Basic chart:
The investment seeks to provide investment returns that correspond, before fees and expenses, to the performance of the Newfound/ReSolve Robust Equity Momentum Index. The fund employs a passive management investment approach designed to track the total return performance, before fees and expenses, of the Newfound/ReSolve Robust Equity Momentum Index. The index uses a quantitative, rules-based methodology to provide exposure to broad U.S. equity, international equity, and emerging market equity indices, to the extent that such equity indices are exhibiting positive momentum relative to U.S. Treasury market indices.
Keywords: Investment Management Stock Market Index U.S. Treasury Passive Management Fundamentally Based Indexes
Classification
Keywords: Investment Management Stock Market Index U.S. Treasury Passive Management Fundamentally Based Indexes
Top 10 Components
| Symbol | Grade | Price % Change | Allocation | |
|---|---|---|---|---|
| SHY | B | -0.02 | 0.29 |
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 28.9978 |
| 52 Week Low | 23.85 |
| Average Volume | 3,888 |
| 200-Day Moving Average | 26.11 |
| 50-Day Moving Average | 27.88 |
| 20-Day Moving Average | 28.32 |
| 10-Day Moving Average | 27.94 |
| Average True Range | 0.26 |
| RSI (14) | 47.37 |
| ADX | 24.09 |
| +DI | 24.71 |
| -DI | 37.97 |
| Chandelier Exit (Long, 3 ATRs) | 28.20 |
| Chandelier Exit (Short, 3 ATRs) | 28.11 |
| Upper Bollinger Bands | 29.30 |
| Lower Bollinger Band | 27.35 |
| Percent B (%b) | 0.3 |
| BandWidth | 6.85 |
| MACD Line | -0.11 |
| MACD Signal Line | 0.04 |
| MACD Histogram | -0.1427 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 28.04 | ||||
| Resistance 3 (R3) | 28.03 | 27.98 | 28.03 | ||
| Resistance 2 (R2) | 27.98 | 27.95 | 27.99 | 28.02 | |
| Resistance 1 (R1) | 27.96 | 27.94 | 27.97 | 27.97 | 28.01 |
| Pivot Point | 27.91 | 27.91 | 27.92 | 27.92 | 27.91 |
| Support 1 (S1) | 27.88 | 27.88 | 27.90 | 27.90 | 27.85 |
| Support 2 (S2) | 27.84 | 27.86 | 27.84 | 27.85 | |
| Support 3 (S3) | 27.81 | 27.84 | 27.84 | ||
| Support 4 (S4) | 27.82 |
