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Powershares Db German Bund Futu (BUNL) Stock Technical Analysis

NYSEARCA:BUNL - NYSE Arca -

29.4  +0.03 (+0.1%)

Technical Rating and Analysis

0

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.

75% of all other stocks performed better in the past year than BUNL.
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.
Weekly and Daily overview Charts
Powershares Db German Bund Futu / BUNL Weekly stock chart
Powershares Db German Bund Futu / BUNL Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

25.83

40.07

3 important support areas can be observed.

  • 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for BUNL is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for BUNL is down.
ChartMill Relative Strength25.1NEGATIVEBUNL has a low relative strength, it was outperformed by 74.9% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of BUNL is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of BUNL is below a declining SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of BUNL is below the rising SMA(200).
Relative Strength Index/RSI (14)30.53NEUTRALThe RSI value for BUNL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-1.56NEGATIVEThe MACD value suggests BUNL has a negative trend, although the MACD value is rising.
Stochastics (14,3)0.92OVERSOLDThe low Stochastics value suggests BUNL may be oversold.
Average True Range in percent/ATR (20)6.48HIGH VOLATILITYThe high ATR as a percentage value for BUNL suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
Powershares Db German Bund Futu / BUNL Daily stock chart

Powershares Db German Bund Futu

NYSEARCA:BUNL (9/19/2016, 8:21:03 PM)

29.4

+0.03 (+0.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week-27.44%
2 Weeks-28.29%
1 Month-26.04%
3 Month-21.6%
6 Month-1.21%
12 Month8.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.29
ATR(20)%6.48%
ATR Inc-93.46%
Range Today0.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.1
Mansfield-1.2
10 Day High47.27
10 Day Low29.25
20 Day High47.27
20 Day Low29.25
52 Week High67
52 Week Low26.71
CS1 End28.97
CR1 Start39.67
Volume & EV
DER(3)0%
DER(5)0.5%
Volume2.60K
Volume Incr663.38%
Vol(5)10.84K
Vol(50)3.08K