NYSEARCA:BUSA - NYSE Arca - US9009343081 - ETF - Currency: USD
Taking everything into account, BUSA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BUSA is only an average performer.
BUSA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for BUSA in the last couple of days, which is a good sign.
29.18
We found 4 important support areas.
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 | UP | POSITIVE | The long term trend for BUSA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BUSA is up. |
ChartMill Relative Strength | 58.53 | NEUTRAL | BUSA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of BUSA is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BUSA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BUSA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 54.05 | NEUTRAL | The RSI value for BUSA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BUSA has a negative trend. |
Stochastics (14,3) | 41.14 | NEUTRAL | The Stochastics value for BUSA is a neutral value. |
Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for BUSA suggests low volalility. |
Average Directional Index/ADX (14) | 21.83 | NEUTRAL | The ADX value for BUSA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
33.75 | 33.52 | 0.23 (0.69%) | 25.00% |
An entry @33.75. This is a Buy Stop order right above the 10 day moving average. | An exit @33.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.23 points, which is 0.69%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
NYSEARCA:BUSA (7/18/2025, 8:04:02 PM)
33.55
-0.13 (-0.39%)