Powershares Db German Bund Futu (BUNL) Technical Analysis
NYSEARCA:BUNL
Current stock price
BUNL Technical Rating and Analysis
Overall BUNL gets a technical rating of 0 out of 10. BUNL'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, BUNL is a bad performer in the overall market: 75% of all stocks are doing better.
- BUNL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month BUNL has a been trading in the 29.25 - 47.27 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: BUNL has an average volume of 3084 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
BUNL Weekly and Daily overview Charts
BUNL Setup Rating and Analysis
The technical rating of BUNL 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.
More info and screens
BUNL Support and Resistance Analysis
25.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.91 to 28.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.17 from a trend line in the weekly time frame.
- A support zone ranging from 26.09 to 26.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @39.67 from a trend line in the daily time frame.
BUNL 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 BUNL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BUNL is down. |
| ChartMill Relative Strength | 25.1 | NEGATIVE | BUNL has a low relative strength, it was outperformed by 74.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BUNL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BUNL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BUNL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.53 | NEUTRAL | The RSI value for BUNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.56 | NEGATIVE | The MACD value suggests BUNL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 0.92 | OVERSOLD | The low Stochastics value suggests BUNL may be oversold. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for BUNL suggests high volalility. |
BUNL Chart- and CandleStick Pattern Analysis
BUNL Technicals: Chart, Performance Metrics, Trend & Indicators
Powershares Db German Bund Futu
NYSEARCA:BUNL (9/19/2016, 8:21:03 PM)
29.4
+0.03 (+0.1%)
Powershares Db German Bund Futu / BUNL TA FAQ
Can you provide the ChartMill technical rating for Powershares Db German Bund Futu?
ChartMill assigns a technical rating of 0 / 10 to BUNL.
Can you provide the trend direction for Powershares Db German Bund Futu?
The current trend direction for Powershares Db German Bund Futu (BUNL) is Bearish.
What is the RSI signal for BUNL stock?
Powershares Db German Bund Futu (BUNL) has an RSI value of 30.5346. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Powershares Db German Bund Futu?
The MACD indicator for Powershares Db German Bund Futu (BUNL) has a value of -1.56138, indicating a bearish trend.
Can you provide the support and resistance levels for Powershares Db German Bund Futu?
Powershares Db German Bund Futu (BUNL) has a support level at 28.97 and a resistance level at 39.67. Check the full technical report for our detailed analysis of BUNL support and resistance levels.