LYXOR EURSTX 50 D -2X INVERS (BXX.PA)

FR0010424143 - ETF

0.989  -0.02 (-2.18%)

Technical Rating

1

Taking everything into account, BXX scores 1 out of 10 in our technical rating. BXX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.



In the last month BXX has a been trading in the 0.95 - 1.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BXX has an average volume of 1664880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
85% of all other stocks performed better in the past year than BXX.
BXX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

Statistics

1 Month 3 Months 6 Months 12 Months -0.67% -2.86% -17.91% -30.76% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 15.01 0.949 - 1.873
BXX Weekly chart
BXX Daily chart

Support/Resistance Analysis


0.98

1.86
When analyzing the resistance we notice 4 important areas.
  • Resistance @1.04 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @1.75 from a trend line in the weekly time frame.
  • Resistance @1.84 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

4

BXX has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.


BXX Daily chart

LYXOR EURSTX 50 D -2X INVERS

EPA:BXX (6/2/2023, 12:39:04 PM)

0.989

-0.02 (-2.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.18%
1 Week0.28%
2 Weeks4.44%
1 Month-0.67%
3 Month-2.86%
6 Month-17.91%
12 Month-30.76%
Volatility
ATR(14)0.02
ATR(20)%2.17%
ATR Inc42.74%
Range Today0
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.01
Mansfield-2.87
10 Day High1.03
10 Day Low0.95
20 Day High1.03
20 Day Low0.95
52 Week High1.87
52 Week Low0.95
CS1 EndN/A
CR1 Start1.04
Volume & EV
DER(3)N/A
DER(5)N/A
Volume8.80K
Volume Incr-7.41%
Vol(5)1.63M
Vol(50)1.66M
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