We assign a technical rating of 2 out of 10 to BUYN. Recently some decent action could be observed, but in the medium term time frame this is still negative. BUYN was also a bad performer in the overall market in the last year.
The technical rating of BUYN is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.45 to 8.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.18 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @12.21 from a trend line in the weekly time frame.
- Resistance @13.31 from a trend line in the weekly time frame.
- Resistance @14.33 from a trend line in the daily time frame.
- Resistance @14.70 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for BUYN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BUYN is up. |
| ChartMill Relative Strength | 21.11 | NEGATIVE | BUYN has a low relative strength, it was outperformed by 78.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BUYN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BUYN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BUYN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.64 | NEUTRAL | The RSI value for BUYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests BUYN has a positive trend. |
| Stochastics (14,3) | 96.82 | OVERBOUGHT | The high Stochastics value suggests BUYN may be overbought. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for BUYN suggests some volalility. |
Uscf Summerhaven Shpen Index Fund
NYSEARCA:BUYN (4/29/2020, 8:04:06 PM)
9.69
+0.63 (+6.89%)
Uscf Summerhaven Shpen Index Fund / BUYN FAQ
What is the ChartMill technical rating of Uscf Summerhaven Shpen Index Fund (BUYN) stock?
ChartMill assigns a technical rating of 2 / 10 to BUYN.
What is the current trend direction of Uscf Summerhaven Shpen Index Fund (BUYN) stock?
The current trend direction for Uscf Summerhaven Shpen Index Fund (BUYN) is Bearish.
What is the RSI signal for Uscf Summerhaven Shpen Index Fund (BUYN) stock?
Uscf Summerhaven Shpen Index Fund (BUYN) has an RSI value of 66.6413. This indicates that the stock is currently neutral.
What is the MACD signal for BUYN stock?
The MACD indicator for Uscf Summerhaven Shpen Index Fund (BUYN) has a value of 0.257717, indicating a bearish trend.
Can you provide the support and resistance levels for Uscf Summerhaven Shpen Index Fund?
Uscf Summerhaven Shpen Index Fund (BUYN) has a support level at 8.54 and a resistance level at 12.21. Check the full technical report for our detailed analysis of BUYN support and resistance levels.