Technical Analysis for ROMO - Strategy Shares Newfound/ReSolve Robust Momentum ETF

Grade Last Price % Change Price Change
A 27.245 -0.02% 0.00
ROMO closed up 0.89 percent on Wednesday, April 21, 2021, on 11 percent of 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 EOD Signals

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

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup -0.02%
Narrow Range Bar Range Contraction -0.02%
Gapped Up Strength -0.02%
Overbought Stochastic Strength -0.02%
Stochastic Sell Signal Bearish 0.87%
Slingshot Bullish Bullish Swing Setup 0.87%
Overbought Stochastic Strength 0.87%
Gapped Down Weakness 0.87%
New 52 Week Closing High Bullish -0.44%
Narrow Range Bar Range Contraction -0.44%
Older End-of-Day Signals for ROMO ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Bullish 180 Entry about 7 hours ago
Rose Above Previous Day's High about 7 hours ago
Possible NR7 about 7 hours ago
Gapped Up (Partial) 1 day ago
Gapped Down (Full) 2 days ago
View Earlier Intraday Alerts

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Profile

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.
Classification

Keywords: Stock Market Index Investment Management U.S. Treasury Fundamentally Based Indexes Passive Management

Top 10 Components

Symbol Grade Price % Change Allocation
IVV A -0.89 39.41
IEFA A -0.32 33.92
IEMG C -0.40 25.31
SHY D -0.01 0.96
IEF F 0.08 0.12
View All ROMO Holdings

Is ROMO 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 27.39
52 Week Low 20.59
Average Volume 4,674
200-Day Moving Average 24.17
50-Day Moving Average 26.37
20-Day Moving Average 26.64
10-Day Moving Average 27.04
Average True Range 0.22
ADX 20.71
+DI 42.73
-DI 26.54
Chandelier Exit (Long, 3 ATRs ) 26.74
Chandelier Exit (Short, 3 ATRs ) 26.36
Upper Bollinger Band 27.62
Lower Bollinger Band 25.67
Percent B (%b) 0.81
BandWidth 7.32
MACD Line 0.29
MACD Signal Line 0.25
MACD Histogram 0.0446
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.37
Resistance 3 (R3) 27.36 27.30 27.35
Resistance 2 (R2) 27.30 27.27 27.31 27.34
Resistance 1 (R1) 27.28 27.25 27.29 27.29 27.34
Pivot Point 27.22 27.22 27.23 27.23 27.22
Support 1 (S1) 27.20 27.19 27.21 27.21 27.16
Support 2 (S2) 27.14 27.17 27.15 27.16
Support 3 (S3) 27.12 27.14 27.15
Support 4 (S4) 27.13