Technical Analysis for SNUG - Merlyn.AI Tactical Growth & Income ETF

Grade Last Price % Change Price Change
C 27.775 0.51% 0.14
SNUG closed up 0.51 percent on Thursday, April 15, 2021, on 28 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. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Flat Up
Historical SNUG trend table...

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
50 DMA Resistance Bearish 0.51%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.51%
Older End-of-Day Signals for SNUG ...

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

Alert Time
Rose Above Previous Day's High 10 days ago
Outside Day 10 days ago
3x Volume Pace 10 days ago
2x Volume Pace 10 days ago
1.5x Volume Pace 10 days ago
View Earlier Intraday Alerts

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Profile

The investment seeks to track the total return performance, before fees and expenses, of the MAI Tactical Growth and Income Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The index uses a proprietary market risk indicator (the Bull/Bear Indicator) that seeks to determine whether U.S. equity markets appear to be in an advancing market (a Bull indicator) or appear to have an elevated risk of market decline (a Bear indicator). It is non-diversified.
Classification

Keywords: Short Selling Market Risk

Top 10 Components

Symbol Grade Price % Change Allocation
JPHY A -0.06 20.43
ANGL B -0.05 20.30
HYLB A 0.00 15.30
USHY B -0.11 15.28
ARKK D -1.54 13.21
AIA D 0.20 5.00
SPYG A 0.00 4.94
QQQ A 0.02 4.89
View All SNUG Holdings

Is SNUG 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 28.91
52 Week Low 0.0
Average Volume 8,430
200-Day Moving Average 26.85
50-Day Moving Average 27.64
20-Day Moving Average 27.25
10-Day Moving Average 27.55
Average True Range 0.21
ADX 27.47
+DI 43.44
-DI 20.50
Chandelier Exit (Long, 3 ATRs ) 27.97
Chandelier Exit (Short, 3 ATRs ) 27.34
Upper Bollinger Band 27.89
Lower Bollinger Band 26.61
Percent B (%b) 0.91
BandWidth 4.71
MACD Line 0.07
MACD Signal Line -0.02
MACD Histogram 0.0874
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.81
Resistance 3 (R3) 27.81 27.79 27.81
Resistance 2 (R2) 27.79 27.78 27.79 27.80
Resistance 1 (R1) 27.78 27.78 27.79 27.79 27.80
Pivot Point 27.77 27.77 27.77 27.77 27.77
Support 1 (S1) 27.76 27.76 27.76 27.76 27.75
Support 2 (S2) 27.74 27.75 27.74 27.75
Support 3 (S3) 27.73 27.74 27.74
Support 4 (S4) 27.74