Technical Analysis for NORW - Global X FTSE Norway 30 ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 25.40 | -0.27% | -0.07 |
NORW closed down 0.27 percent on Wednesday, November 20, 2024, on 1.81 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Flat | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Fell Below 50 DMA | Bearish | 0.00% | |
| 20 DMA Support | Bullish | 0.00% | |
| Cup with Handle | Other | 0.00% | |
| Stochastic Reached Overbought | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| Crossed Above 50 DMA | Bullish | -0.27% | |
| Cup with Handle | Other | -0.27% | |
| Up 3 Days in a Row | Strength | -0.27% | |
| Up 4 Days in a Row | Strength | -0.27% |
| Alert | Time |
|---|---|
| 50 DMA Support | about 15 hours ago |
| 20 DMA Support | about 16 hours ago |
| Fell Below Previous Day's Low | about 16 hours ago |
| Down 1% | about 16 hours ago |
| 2x Volume Pace | about 20 hours 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 | 22.4914 |
| Average Volume | 5,445 |
| 200-Day Moving Average | 24.94 |
| 50-Day Moving Average | 25.46 |
| 20-Day Moving Average | 25.14 |
| 10-Day Moving Average | 24.99 |
| Average True Range | 0.36 |
| RSI (14) | 53.27 |
| ADX | 10.73 |
| +DI | 31.35 |
| -DI | 30.32 |
| Chandelier Exit (Long, 3 ATRs) | 24.66 |
| Chandelier Exit (Short, 3 ATRs) | 25.36 |
| Upper Bollinger Bands | 25.82 |
| Lower Bollinger Band | 24.47 |
| Percent B (%b) | 0.69 |
| BandWidth | 5.35 |
| MACD Line | -0.09 |
| MACD Signal Line | -0.15 |
| MACD Histogram | 0.0678 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 25.80 | ||||
| Resistance 3 (R3) | 25.76 | 25.59 | 25.74 | ||
| Resistance 2 (R2) | 25.59 | 25.48 | 25.61 | 25.71 | |
| Resistance 1 (R1) | 25.49 | 25.42 | 25.54 | 25.53 | 25.69 |
| Pivot Point | 25.32 | 25.32 | 25.34 | 25.34 | 25.32 |
| Support 1 (S1) | 25.22 | 25.21 | 25.27 | 25.27 | 25.11 |
| Support 2 (S2) | 25.05 | 25.15 | 25.07 | 25.09 | |
| Support 3 (S3) | 24.95 | 25.05 | 25.06 | ||
| Support 4 (S4) | 25.00 |
