Technical Analysis for NORW - Global X FTSE Norway 30 ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| D | 25.03 | -0.31% | -0.08 |
NORW closed down 0.31 percent on Friday, November 1, 2024, on 13 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. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Cup with Handle | Other | 0.00% | |
| NR7 | Range Contraction | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| Stochastic Reached Oversold | Weakness | 0.00% | |
| Down 3 Days in a Row | Weakness | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Hammer Candlestick | Bullish | -0.31% | |
| Cup with Handle | Other | -0.31% | |
| Gapped Down | Weakness | -0.31% |
| Alert | Time |
|---|---|
| Fell Below Lower Bollinger Band | 2 days ago |
| Down 1 ATR | 2 days ago |
| Possible NR7 | 2 days ago |
| Gapped Down (Full) | 2 days ago |
| Fell Below Previous Day's Low | 2 days ago |
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Basic chart:
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Norway 30 Index.
The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The index is designed to reflect broad based equity market performance in Norway. The Adviser uses a "passive" or indexing approach to try to achieve the fund's investment objective. The fund is non-diversified.
Keywords: Index Fund Investment Management Passive Management
Classification
Keywords: Index Fund Investment Management Passive Management
Top 10 Components
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 26.7067 |
| 52 Week Low | 21.7591 |
| Average Volume | 5,062 |
| 200-Day Moving Average | 24.84 |
| 50-Day Moving Average | 25.57 |
| 20-Day Moving Average | 25.51 |
| 10-Day Moving Average | 25.35 |
| Average True Range | 0.33 |
| RSI (14) | 42.20 |
| ADX | 9.59 |
| +DI | 26.24 |
| -DI | 36.87 |
| Chandelier Exit (Long, 3 ATRs) | 25.24 |
| Chandelier Exit (Short, 3 ATRs) | 25.92 |
| Upper Bollinger Bands | 26.10 |
| Lower Bollinger Band | 24.92 |
| Percent B (%b) | 0.09 |
| BandWidth | 4.65 |
| MACD Line | -0.12 |
| MACD Signal Line | -0.07 |
| MACD Histogram | -0.047 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 25.17 | ||||
| Resistance 3 (R3) | 25.15 | 25.09 | 25.14 | ||
| Resistance 2 (R2) | 25.09 | 25.06 | 25.10 | 25.14 | |
| Resistance 1 (R1) | 25.06 | 25.04 | 25.08 | 25.07 | 25.13 |
| Pivot Point | 25.00 | 25.00 | 25.01 | 25.01 | 25.00 |
| Support 1 (S1) | 24.97 | 24.97 | 24.98 | 24.98 | 24.93 |
| Support 2 (S2) | 24.91 | 24.94 | 24.91 | 24.92 | |
| Support 3 (S3) | 24.87 | 24.91 | 24.91 | ||
| Support 4 (S4) | 24.89 |
