NYSEARCA:BUY - NYSE Arca -
Overall BUY gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BUY is only an average performer.
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.
14.97
4 important support areas can be observed.
3 important resistance areas can be observed.
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. |
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%. | When investing 12.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
Uscf Summerhaven Shpei Index Fund
NYSEARCA:BUY (10/13/2020, 8:10:07 PM)
17.1798
-0.34 (-1.94%)