Technical Analysis for ROMO - Strategy Shares Newfound/ReSolve Robust Momentum ETF

Grade Last Price % Change Price Change
A 31.88 0.23% 0.07
ROMO closed up 0.23 percent on Tuesday, November 19, 2024, on 50 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
MACD Bearish Signal Line Cross Bearish 0.23%
Crossed Above 20 DMA Bullish 0.23%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.23%
Narrow Range Bar Range Contraction 0.23%
Inside Day Range Contraction 0.23%
Gapped Up Strength 0.23%
Fell Below 20 DMA Bearish 0.55%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.55%
Overbought Stochastic Strength 0.55%

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Profile

The investment seeks to provide investment returns that correspond, before fees and expenses, to the performance of the Newfound/ReSolve Robust Equity Momentum Index. The fund employs a passive management investment approach designed to track the total return performance, before fees and expenses, of the Newfound/ReSolve Robust Equity Momentum Index. The index uses a quantitative, rules-based methodology to provide exposure to broad U.S. equity, international equity, and emerging market equity indices, to the extent that such equity indices are exhibiting positive momentum relative to U.S. Treasury market indices.
Classification

Keywords: Investment Management Stock Market Index U.S. Treasury Passive Management Fundamentally Based Indexes

Top 10 Components

Symbol Grade Price % Change Allocation
SHY C 0.00 0.44
IEF D -0.20 0.19

Is ROMO 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 32.4349
52 Week Low 24.34
Average Volume 3,954
200-Day Moving Average 29.51
50-Day Moving Average 31.50
20-Day Moving Average 31.79
10-Day Moving Average 32.15
Average True Range 0.23
RSI (14) 52.61
ADX 22.91
+DI 35.65
-DI 32.99
Chandelier Exit (Long, 3 ATRs) 31.74
Chandelier Exit (Short, 3 ATRs) 31.74
Upper Bollinger Bands 32.66
Lower Bollinger Band 30.91
Percent B (%b) 0.55
BandWidth 5.53
MACD Line 0.16
MACD Signal Line 0.19
MACD Histogram -0.0296
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 32.05
Resistance 3 (R3) 32.04 31.98 32.02
Resistance 2 (R2) 31.98 31.94 31.98 32.01
Resistance 1 (R1) 31.93 31.91 31.96 31.94 32.00
Pivot Point 31.87 31.87 31.88 31.87 31.87
Support 1 (S1) 31.82 31.83 31.85 31.83 31.76
Support 2 (S2) 31.76 31.80 31.76 31.75
Support 3 (S3) 31.71 31.76 31.74
Support 4 (S4) 31.72