Technical Analysis for EQLS - Simplify Exchange Traded Funds Simplify Market Neutral Equity Long/Short ETF

Grade Last Price % Change Price Change
F 20.94 -1.71% -0.37
EQLS closed down 1.71 percent on Wednesday, November 20, 2024, on 3.12 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New Downtrend Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
New 52 Week Low Weakness 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction -1.71%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 21 hours ago
1.5x Volume Pace about 21 hours ago
3x Volume Pace about 21 hours ago
10x Volume Pace about 21 hours ago
5x Volume Pace about 21 hours ago

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Profile

The fund invests in equity securities primarily through total return swaps that provide the returns, long or short, of a basket of common stocks. The companies in the swap basket are selected using a third-party, multi-factor quantitative ranking system based on machine learning. The ranking system seeks to identify the factors that are driving both positive and negative returns.
Classification

Keywords: Swaps Machine Learning Structured Product Total Return Swap Systemic Risk

Is EQLS 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 24.2862
52 Week Low 20.9
Average Volume 129,079
200-Day Moving Average 22.77
50-Day Moving Average 21.75
20-Day Moving Average 21.53
10-Day Moving Average 21.49
Average True Range 0.19
RSI (14) 31.51
ADX 25.6
+DI 19.82
-DI 52.00
Chandelier Exit (Long, 3 ATRs) 21.29
Chandelier Exit (Short, 3 ATRs) 21.48
Upper Bollinger Bands 21.98
Lower Bollinger Band 21.08
Percent B (%b) -0.16
BandWidth 4.20
MACD Line -0.15
MACD Signal Line -0.10
MACD Histogram -0.044
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.42
Resistance 3 (R3) 21.46 21.34 21.34
Resistance 2 (R2) 21.34 21.22 21.32 21.31
Resistance 1 (R1) 21.14 21.14 21.08 21.10 21.28
Pivot Point 21.02 21.02 20.99 21.00 21.02
Support 1 (S1) 20.82 20.90 20.76 20.78 20.59
Support 2 (S2) 20.70 20.82 20.68 20.56
Support 3 (S3) 20.50 20.70 20.54
Support 4 (S4) 20.46