Technical Analysis for VCAR - Simplify Volt RoboCar Disruption and Tech ETF

Grade Last Price % Change Price Change
A 11.70 3.45% 0.39
VCAR closed up 3.45 percent on Wednesday, July 3, 2024, on 1.14 times normal volume. The bulls were able to push the stock to a new 52-week high. 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 Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
MACD Bullish Signal Line Cross Bullish 3.45%
New 52 Week Closing High Bullish 3.45%
Expansion Breakout Bullish Swing Setup 3.45%
Wide Range Bar Range Expansion 3.45%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 7 hours ago
Rose Above Previous Day's High about 7 hours ago
New 52 Week High about 7 hours ago
1.5x Volume Pace about 7 hours ago
Up 3% about 7 hours ago

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Profile

The Simplify Volt Robocar Disruption and Tech ETF is not just another thematic investment product. VCAR is designed to concentrate in those few disruptive companies poised to dominate autonomous driving and then enhance the concentrated exposures with options. With our partner Volt Equity our investment process begins with a first principles approach to identify those few companies poised to lead the disruption. We then deploy a sophisticated option overlay to create convexity in the portfolio to enhance the upside while improving drawdowns.
Classification

Keywords: Thematic Investing

Top 10 Components

Symbol Grade Price % Change Allocation
NVDA B 4.57 21.71
AMD B -0.25 14.04
MSFT A 0.32 7.50
TSLA B 6.54 5.88
ASML A 2.24 4.61
LMND D 0.81 4.29
GOOG A 0.42 4.23
AMZN A -1.21 4.01
AAPL A 0.58 3.68
SQ D -0.22 3.62

Is VCAR 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 11.7004
52 Week Low 7.73
Average Volume 2,526
200-Day Moving Average 9.67
50-Day Moving Average 10.43
20-Day Moving Average 10.93
10-Day Moving Average 11.05
Average True Range 0.22
RSI (14) 72.68
ADX 17.9
+DI 40.06
-DI 18.40
Chandelier Exit (Long, 3 ATRs) 11.05
Chandelier Exit (Short, 3 ATRs) 10.97
Upper Bollinger Bands 11.44
Lower Bollinger Band 10.43
Percent B (%b) 1.26
BandWidth 9.25
MACD Line 0.24
MACD Signal Line 0.20
MACD Histogram 0.0437
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.29
Resistance 3 (R3) 12.22 11.96 12.19
Resistance 2 (R2) 11.96 11.81 11.99 12.16
Resistance 1 (R1) 11.83 11.72 11.90 11.90 12.12
Pivot Point 11.57 11.57 11.60 11.60 11.57
Support 1 (S1) 11.44 11.42 11.51 11.51 11.28
Support 2 (S2) 11.18 11.33 11.21 11.24
Support 3 (S3) 11.05 11.18 11.21
Support 4 (S4) 11.11