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

Grade Last Price % Change Price Change
B 31.19 -0.83% -0.26
ROMO closed down 0.83 percent on Tuesday, October 1, 2024, on 20 percent of normal volume. 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
180 Bullish Setup Bullish Swing Setup -0.83%
Narrow Range Bar Range Contraction -0.83%
Outside Day Range Expansion -0.83%
Overbought Stochastic Strength -0.83%
Stochastic Sell Signal Bearish -0.64%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 10 hours ago
Down 1% about 10 hours ago
Fell Below 10 DMA about 10 hours ago
Down 1 ATR about 10 hours ago
Possible NR7 1 day ago

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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
IEF A 0.36 4.66
SHY A 0.06 0.56

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 31.46
52 Week Low 24.34
Average Volume 5,338
200-Day Moving Average 28.38
50-Day Moving Average 30.39
20-Day Moving Average 30.78
10-Day Moving Average 31.24
Average True Range 0.23
RSI (14) 58.16
ADX 22.04
+DI 38.80
-DI 26.89
Chandelier Exit (Long, 3 ATRs) 30.76
Chandelier Exit (Short, 3 ATRs) 30.37
Upper Bollinger Bands 31.88
Lower Bollinger Band 29.69
Percent B (%b) 0.69
BandWidth 7.10
MACD Line 0.30
MACD Signal Line 0.27
MACD Histogram 0.034
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 31.35
Resistance 3 (R3) 31.35 31.28 31.33
Resistance 2 (R2) 31.28 31.24 31.29 31.32
Resistance 1 (R1) 31.24 31.21 31.26 31.24 31.31
Pivot Point 31.17 31.17 31.18 31.18 31.17
Support 1 (S1) 31.13 31.13 31.15 31.13 31.07
Support 2 (S2) 31.06 31.10 31.07 31.06
Support 3 (S3) 31.02 31.06 31.05
Support 4 (S4) 31.02