Powershares Db 3X German Bund F (BUNT) Stock Technical Analysis
NYSEARCA:BUNT - NYSE Arca -
Taking everything into account, BUNT scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: BUNT has an average volume of 1356 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that BUNT is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by BUNT over the past year are nicely spread over this period.
BUNT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BUNT is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month BUNT has a been trading in a tight range between 59.77 and 63.22.
BUNT has an average technical rating and it also 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
52.36
65.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 59.77 to 61.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.89 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 61.42 to 62.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.31 to 65.01. This zone is formed by a combination of multiple trend lines 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 BUNT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BUNT is down. |
| ChartMill Relative Strength | 77.88 | POSITIVE | BUNT has a high relative strength, it outperformed 77.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BUNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BUNT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BUNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.17 | NEUTRAL | The RSI value for BUNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BUNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.6 | NEUTRAL | The Stochastics value for BUNT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for BUNT suggests low volalility. |
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 3X German Bund F
NYSEARCA:BUNT (9/19/2016, 8:21:04 PM)
61.33
-0.11 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.18%
1 Week0.92%
2 Weeks-1.65%
1 Month-2.99%
3 Month3.39%
6 Month8.82%
12 Month27.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%0.68%
ATR Inc-66.32%
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
CRS77.88
Mansfield0.55
10 Day High62.37
10 Day Low59.77
20 Day High63.22
20 Day Low59.77
52 Week High65
52 Week Low46.62
CS1 End61.02
CR1 Start61.42
Volume & EV
DER(3)8.33%
DER(5)5%
Volume2.00K
Volume Incr246.15%
Vol(5)1.80K
Vol(50)1.36K