Uscf Summerhaven Shpei Index Fund (BUY) Stock Technical Analysis
NYSEARCA:BUY - NYSE Arca -
Overall BUY gets a technical rating of 8 out of 10. Although BUY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: BUY has an average volume of 1066 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month BUY has a been trading in the 14.60 - 17.65 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, BUY turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
BUY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BUY is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although BUY has an excellent technical rating, the quality of the presented setup is not ideal 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
14.97
21.50
We found 4 important support areas.
- A support zone ranging from 16.47 to 16.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.90 to 16.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.43 from a horizontal line in the daily time frame.
- Support @15.12 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 17.66 to 17.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.80 from a trend line in the weekly time frame.
- Resistance @21.29 from a horizontal line in the weekly time frame.
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 BUY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BUY is up. |
| ChartMill Relative Strength | 49.62 | NEUTRAL | BUY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BUY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BUY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BUY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.76 | NEUTRAL | The RSI value for BUY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests BUY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.41 | OVERBOUGHT | The high Stochastics value suggests BUY may be overbought. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for BUY suggests some 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)
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 |
|---|---|---|---|
| 17.94 | 16.46 | 1.48 (8.25%) | 12.12% |
| An entry @17.94. This is a Buy Stop order right above the resistance zone. | An exit @16.46. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.48 points, which is 8.25%. | For a 1.00% total portfolio risk, you can invest 12.12% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Uscf Summerhaven Shpei Index Fund
NYSEARCA:BUY (10/13/2020, 8:10:07 PM)
17.1798
-0.34 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.94%
1 Week1.51%
2 Weeks9.89%
1 Month3.03%
3 Month12.29%
6 Month29.25%
12 Month-11.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%2.67%
ATR Inc-44.96%
Range Today0.19
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
CRS49.62
Mansfield-0.94
10 Day High17.65
10 Day Low16
20 Day High17.65
20 Day Low14.6
52 Week High21.31
52 Week Low11.23
CS1 End16.59
CR1 Start17.66
Volume & EV
DER(3)0%
DER(5)0%
Volume400
Volume Incr-87.23%
Vol(5)180
Vol(50)1.07K