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

Grade Last Price % Change Price Change
C 10.13 -0.58% -0.06
VCAR closed down 0.58 percent on Friday, May 17, 2024, on 1.48 times normal volume. It was able to find support at its 50 day moving average. 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
50 DMA Support Bullish 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
NR7 Range Contraction -0.58%
Narrow Range Bar Range Contraction -0.58%
Overbought Stochastic Strength -0.58%
Up 3 Days in a Row Strength -0.58%
Up 4 Days in a Row Strength -0.58%
Crossed Above 50 DMA Bullish -0.32%

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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 -1.99 17.70
AMD D 1.14 15.02
MSFT B -0.19 7.51
TSLA D 1.50 5.74
SQ D 0.71 4.73
ASML D 0.59 4.61
LMND C 1.53 4.21
AMZN C 0.58 4.06
GOOG B 1.06 3.66
AAPL B 0.02 3.25

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 10.9899
52 Week Low 7.73
Average Volume 2,819
200-Day Moving Average 9.36
50-Day Moving Average 10.07
20-Day Moving Average 9.86
10-Day Moving Average 10.03
Average True Range 0.20
RSI (14) 54.55
ADX 10.34
+DI 29.40
-DI 32.90
Chandelier Exit (Long, 3 ATRs) 9.67
Chandelier Exit (Short, 3 ATRs) 9.72
Upper Bollinger Bands 10.41
Lower Bollinger Band 9.31
Percent B (%b) 0.75
BandWidth 11.14
MACD Line 0.04
MACD Signal Line -0.01
MACD Histogram 0.0532
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.54
Resistance 3 (R3) 10.54 10.41 10.47
Resistance 2 (R2) 10.41 10.31 10.41 10.44
Resistance 1 (R1) 10.27 10.24 10.34 10.27 10.42
Pivot Point 10.14 10.14 10.18 10.14 10.14
Support 1 (S1) 10.00 10.04 10.07 10.00 9.84
Support 2 (S2) 9.87 9.97 9.87 9.82
Support 3 (S3) 9.73 9.87 9.79
Support 4 (S4) 9.73