Overall BULG gets a technical rating of 0 out of 10. BULG'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.
The technical rating of BULG is bad and it also does not present a 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.
4.83
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The long term trend for BULG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BULG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | BULG 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 BULG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BULG is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.22 | NEUTRAL | The RSI value for BULG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests BULG has a positive trend. |
| Stochastics (14,3) | 56.15 | NEUTRAL | The Stochastics value for BULG is a neutral value. |
| Average True Range in percent/ATR (20) | 10.91 | HIGH VOLATILITY | The high ATR as a percentage value for BULG suggests high volalility. |
| Average Directional Index/ADX (14) | 37.15 | POSITIVE | The high ADX value value for BULG suggests a strong trend. |
4.88
+0.07 (+1.46%)
ChartMill assigns a technical rating of 0 / 10 to BULG.
The current trend direction for LEVERAGE SHARES 2X BULL (BULG) is Bearish.
LEVERAGE SHARES 2X BULL (BULG) has an RSI value of 41.2176. This indicates that the stock is currently neutral.
The short term momentum for LEVERAGE SHARES 2X BULL (BULG) is negative.
LEVERAGE SHARES 2X BULL (BULG) has a resistance level at 4.88. Check the full technical report for our detailed analysis of BULG support and resistance levels.