Technical Analysis for SCAP - AdvisorShares Cornerstone Small Cap ETF

Grade Last Price % Change Price Change
grade C 37.2601 1.97% 0.72
SCAP closed up 1.97 percent on Thursday, February 13, 2020, on 51 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 1.97%
Inside Day Range Contraction 1.97%
Oversold Stochastic Weakness 1.97%
180 Bearish Setup Bearish Swing Setup 2.56%
Oversold Stochastic Weakness 2.56%
MACD Bearish Centerline Cross Bearish 1.37%

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Profile

The AdvisorShares Cornerstone Small Cap ETF seeks to provide total return through long-term capital appreciation and current income. SCAP is managed by Cornerstone Investment Partners, LLC. The Portfolio Manager seeks to achieve SCAP%u2019s investment objective by investing in a diversified group of U.S.-traded equity securities, including common and preferred stock, ADRs, and publicly-traded REITs. Under normal circumstances, SCAP invests at least 80% of its net assets (plus any borrowings for investment purposes) in small cap securities. The Portfolio Manager defines a small cap company as one having a market capitalization less than the market cap of the largest company in the Russell 2000 Index at the time of acquisition. The Portfolio Manager seeks to benefit from the volatility of small cap stocks by participating in upside volatility while reducing exposure to downside volatility.
Exchange Traded Funds Real Estate Investment Trust Mathematical Finance Inverse Exchange Traded Fund Russell 2000 Price Return Usd Advisorshares

Is SCAP 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 40.32
52 Week Low 30.08
Average Volume 196
200-Day Moving Average 35.68
50-Day Moving Average 36.94
20-Day Moving Average 37.37
10-Day Moving Average 36.87
Average True Range 0.35
ADX 24.45
+DI 49.72
-DI 31.08
Chandelier Exit (Long, 3 ATRs ) 37.60
Chandelier Exit (Short, 3 ATRs ) 37.30
Upper Bollinger Band 38.60
Lower Bollinger Band 36.15
Percent B (%b) 0.45
BandWidth 6.55
MACD Line -0.10
MACD Signal Line 0.04
MACD Histogram -0.1357
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 37.31
Resistance 3 (R3) 37.31 37.28 37.31
Resistance 2 (R2) 37.28 37.27 37.29 37.30
Resistance 1 (R1) 37.27 37.26 37.28 37.28 37.30
Pivot Point 37.25 37.25 37.25 37.25 37.25
Support 1 (S1) 37.24 37.23 37.24 37.24 37.22
Support 2 (S2) 37.21 37.23 37.21 37.22
Support 3 (S3) 37.20 37.21 37.21
Support 4 (S4) 37.21