DFNCE DLY TRGT 2X SHRT ETF (BMNZ) Technical Analysis
NYSEARCA:BMNZ • US88636W5519
Current stock price
BMNZ Technical Rating and Analysis
Overall BMNZ gets a technical rating of 0 out of 10. BMNZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, BMNZ is a bad performer in the overall market: 100% of all stocks are doing better.
- BMNZ has an average volume of 1854330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- In the last month BMNZ has a been trading in the 12.64 - 20.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
BMNZ Weekly and Daily overview Charts
BMNZ Setup Rating and Analysis
BMNZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.51, a Stop Loss order could be placed below this zone.
More info and screens
BMNZ Support and Resistance Analysis
13.29
We found 1 important support area.
- A support zone ranging from 13.42 to 13.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @17.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.45 to 19.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
BMNZ Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BMNZ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BMNZ is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BMNZ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMNZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMNZ is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.7 | NEUTRAL | The RSI value for BMNZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests BMNZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.21 | NEUTRAL | The Stochastics value for BMNZ is a neutral value. |
| Average True Range in percent/ATR (20) | 12.83 | HIGH VOLATILITY | The high ATR as a percentage value for BMNZ suggests high volalility. |
| Average Directional Index/ADX (14) | 13.33 | NEGATIVE | The low ADX value for BMNZ suggests a weak or negative trend. |
BMNZ Chart- and CandleStick Pattern Analysis
BMNZ Technicals: Chart, Performance Metrics, Trend & Indicators
15.08
-0.74 (-4.68%)
DFNCE DLY TRGT 2X SHRT ETF / BMNZ TA FAQ
What is the technical rating for BMNZ stock?
ChartMill assigns a technical rating of 0 / 10 to BMNZ.
What is the current trend direction of DFNCE DLY TRGT 2X SHRT ETF (BMNZ) stock?
The current trend direction for DFNCE DLY TRGT 2X SHRT ETF (BMNZ) is Bearish.
What is the RSI signal for DFNCE DLY TRGT 2X SHRT ETF (BMNZ) stock?
DFNCE DLY TRGT 2X SHRT ETF (BMNZ) has an RSI value of 43.699. This indicates that the stock is currently neutral.
What is the MACD signal for BMNZ stock?
The MACD indicator for DFNCE DLY TRGT 2X SHRT ETF (BMNZ) has a value of 0.26361, indicating a bearish trend.