Uscf Summerhaven Shpei Index Fund (BUY) Technical Analysis
NYSEARCA:BUY
Current stock price
BUY Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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.
BUY Weekly and Daily overview Charts
BUY Setup Rating and Analysis
BUY has an excellent technical rating, but the quality of the setup is only medium 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
BUY Support and Resistance Analysis
14.97
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.
When analyzing the resistance we notice 3 important 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.
BUY 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 | 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. |
BUY Chart- and CandleStick Pattern Analysis
BUY Example Setup
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 worst case loss on the trade is limited to 1.48 points, which is 8.25%. | When investing 12.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
BUY Technicals: Chart, Performance Metrics, Trend & Indicators
Uscf Summerhaven Shpei Index Fund
NYSEARCA:BUY (10/13/2020, 8:10:07 PM)
17.1798
-0.34 (-1.94%)
Uscf Summerhaven Shpei Index Fund / BUY TA FAQ
What is the ChartMill technical rating of Uscf Summerhaven Shpei Index Fund (BUY) stock?
ChartMill assigns a technical rating of 8 / 10 to BUY.
What is the current trend direction of Uscf Summerhaven Shpei Index Fund (BUY) stock?
The current trend direction for Uscf Summerhaven Shpei Index Fund (BUY) is Bullish.
What is the RSI signal for BUY stock?
Uscf Summerhaven Shpei Index Fund (BUY) has an RSI value of 56.7615. This indicates that the stock is currently neutral.
What is the MACD signal for Uscf Summerhaven Shpei Index Fund (BUY) stock?
The MACD indicator for Uscf Summerhaven Shpei Index Fund (BUY) has a value of 0.13932, indicating a bearish trend.
Can you provide the support and resistance levels for Uscf Summerhaven Shpei Index Fund?
Uscf Summerhaven Shpei Index Fund (BUY) has a support level at 16.59 and a resistance level at 17.66. Check the full technical report for our detailed analysis of BUY support and resistance levels.