Technical Analysis for SPAK - Defiance Next Gen SPAC Derived ETF

Grade Last Price % Change Price Change
F 26.71 -0.19% -0.05
SPAK closed down 0.19 percent on Friday, April 9, 2021, on 30 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.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Flat
Historical SPAK trend table...

Date Alert Name Type % Chg
Spinning Top Other 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
MACD Bullish Signal Line Cross Bullish -0.19%
Narrow Range Bar Range Contraction -0.19%
Doji - Bullish? Reversal -0.19%
1,2,3 Retracement Bearish Bearish Swing Setup 0.45%
180 Bearish Setup Bearish Swing Setup 0.45%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.45%
Older End-of-Day Signals for SPAK ...

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

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Picking the winners of individual SPACs can be very difficult, however the ETF structure allows investors to access the most liquid SPAC IPOs in a diversified basket. SPAK allows both financial advisors and retail investors to participate in an IPO private equity style of investing which is usually only available to large financial institutions. The ETF currently has 29 holdings, rebalanced on a quarterly basis. An 80% weighting is applied to IPO companies derived from SPACs and 20% is allocated to common stock of newly listed Special Purpose Acquisition Companies ("SPACs"), ex-warrants. Newly IPO companies derived from SPACs will be screened monthly and SPACs quarterly.
Classification

Keywords: Special Purpose Acquisition Company Private Equity Financial Advisors Initial Public Offering Retail Investors SPAC ETF

Top 10 Components

Symbol Grade Price % Change Allocation
DKNG D 1.96 10.47
PSTH F 0.08 4.42
CCIV F -0.82 3.53
CLVT F -0.98 3.52
VRT C -0.28 2.58
SPCE F 0.27 2.16
LPRO C 0.94 1.82
VVNT F 1.52 1.28
AHCO B 0.72 0.85
RPAY D -1.06 0.80
View All SPAK Holdings

Is SPAK 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 35.08
52 Week Low 22.151
Average Volume 180,695
200-Day Moving Average 0.00
50-Day Moving Average 30.02
20-Day Moving Average 27.81
10-Day Moving Average 26.61
Average True Range 0.93
ADX 39.57
+DI 16.13
-DI 33.64
Chandelier Exit (Long, 3 ATRs ) 28.04
Chandelier Exit (Short, 3 ATRs ) 28.10
Upper Bollinger Band 30.83
Lower Bollinger Band 24.79
Percent B (%b) 0.32
BandWidth 21.71
MACD Line -0.90
MACD Signal Line -0.95
MACD Histogram 0.0543
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.97
Resistance 3 (R3) 26.96 26.87 26.92
Resistance 2 (R2) 26.87 26.80 26.87 26.91
Resistance 1 (R1) 26.79 26.76 26.83 26.80 26.89
Pivot Point 26.70 26.70 26.72 26.70 26.70
Support 1 (S1) 26.62 26.63 26.66 26.63 26.53
Support 2 (S2) 26.53 26.59 26.53 26.51
Support 3 (S3) 26.45 26.53 26.50
Support 4 (S4) 26.46