MICROSECTORS BB 3X LEVGD ETN (BNKU) Stock Technical Analysis
USA - NYSEARCA:BNKU - US0636794358 - ETF
28.66 USD
+0.82 (+2.95%)
28.65 USD
-0.01 (-0.03%)
We assign a technical rating of 9 out of 10 to BNKU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BNKU is showing a nice and steady performance.
Warning: BNKU has an average volume of 22435 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month BNKU has a been trading in the 23.09 - 28.73 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BNKU is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
BNKU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BNKU is lagging the market.
Although BNKU has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.18
28.95
2 important support areas can be observed.
- A support zone ranging from 26.14 to 26.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.42 to 25.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for BNKU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNKU is up. |
| ChartMill Relative Strength | 86.74 | POSITIVE | BNKU has a high relative strength, it outperformed 86.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNKU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BNKU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BNKU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.81 | NEUTRAL | The RSI value for BNKU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests BNKU has a positive trend. |
| Stochastics (14,3) | 89.83 | OVERBOUGHT | The high Stochastics value suggests BNKU may be overbought. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BNKU suggests some volalility. |
| Average Directional Index/ADX (14) | 14.84 | NEGATIVE | The low ADX value for BNKU suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
28.66
+0.82 (+2.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.95%
1 Week5.8%
2 Weeks6.74%
1 Month20.57%
3 Month52.85%
6 Month71.28%
12 Month20.37%
2 Year79.46%
3 Year-31.12%
5 Year166.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%3.56%
ATR Inc3.38%
Range Today0.95
ADR(20)0.91
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.74
Mansfield0.22
10 Day High28.73
10 Day Low24.54
20 Day High28.73
20 Day Low23.09
52 Week High36.8
52 Week Low8.51
CS1 End26.26
CR1 StartN/A
Volume & EV
DER(3)-2.7%
DER(5)-0.33%
Volume37.80K
Volume Incr62.03%
Vol(5)26.78K
Vol(50)22.43K