Технические индикаторы указывают на возможный разворот роста для фонда Sprott Critical Materials ETF

Let’s take a look at what the 9-day and the 18-day simple moving averages, as well as other shorter-term technical indicators, are presently signaling for the popular Sprott Critical Materials ETF (NASDAQ:SETM). See, too, that price downtrend lines are in place on the daily chart for SETM. Price trends on any charting timeframe are powerful trading signals. One does generally not want to trade against the existing price trend in the trading timeframe on the chart he or she chooses (intra-day, daily, weekly or monthly charts). Some Early "Green Shoots” For SETM Importantly, there are some early, potentially bullish technical clues that savvy, chart-based SETM bulls may have noticed. Prices have rebounded from the July low of 28.74, at which time the Relative Strength Index (RSI) was signaling SETM had become short-term overdone on the downside (any reading below 30.0) and was at that time due for at least an upside corrective bounce in price, which indeed occurred. See also on the daily SETM chart that the RSI reading at the July price low was virtually the same as RSI readings below 30.0 in past months that were an accurate early clue that near-term price bottoms were in place and prices then proceeded to trend up for a period of time. Other Early Chart Clues SETM Could Be Poised To Embark On A Price Uptrend The price downtrend in SETM would be at least temporarily negated if prices moved above technical resistance at the last "reaction high" in the downtrend on the daily chart, which is located at 36.12. Such a move would also give the bulls fresh upside technical momentum to begin to suggest a price uptrend could be sustained. Conversely, a move below technical support at the July low of 28.74 would provide the bears fresh chart strength to then suggest the price downtrend continuing and a fresh leg down in SETM prices. Other early warning signs that SETM bears have become exhausted and that a price uptrend could develop on the daily chart include two trading sessions in a row of solid price gains, accompanied by bigger daily price volumes. Also, a technically bullish weekly high close on a Friday would be a bullish chart clue that suggests more upside price pressure is coming for the ETF. Featured image from Shutterstock. This post contains sponsored content and was created in collaboration with a third-party partner. Benzinga is a publisher and does not provide personalized investment advice or act as a broker or dealer. This content is for informational purposes only and is not intended to be investing advice or an offer or solicitation to buy or sell any security. © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here.