LYXOR EURSTX 50 D -2X INVERS (BXX.PA)       1.586  +0.03 (+2.16%)

1.586  +0.03 (+2.16%)

FR0010424143 - ETF

Technical Rating

Taking everything into account, BXX scores 6 out of 10 in our technical rating. In the last year, BXX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.



The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
BXX has an average volume of 2309830. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that BXX is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
BXX is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so BXX is still doing slightly better than the market.
In the last month BXX has a been trading in the 1.42 - 1.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Statistics

1 Month 3 Months 6 Months 12 Months 5.24% 10.26% 20.19% -2.30% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 75.17 1.2646 - 2.01
BXX Weekly chart
BXX Daily chart

Support/Resistance Analysis


1.39

1.77
When analyzing the support we can see 3 important areas.
  • A support zone ranging from 1.53 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.40 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
  • A resistance zone ranging from 1.61 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.65 from a horizontal line in the weekly time frame.
  • Resistance @1.71 from a trend line in the daily time frame.
  • A resistance zone ranging from 1.74 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

BXX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 1.57, a Stop Loss order could be placed below this zone.


Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


ENTRYEXITDISTANCECAPITAL
1.621.520.10 (6.17%)16.20%
An entry @1.62. This is a Buy Stop order right above the resistance zone.An exit @1.52. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.10 points, which is 6.17%.When investing 16.20% 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.
BXX Daily chart

LYXOR EURSTX 50 D -2X INVERS1.586

EPA:BXX (5/16/2022, 4:01:19 PM)+0.03 (+2.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A
Performance
Today 2.16% 1 Week -8.25%
2 Weeks 1.15% 1 Month 5.24%
3 Month 10.26% 6 Month 20.19%
Volatility
ATR(14) 0.07 ATR(20)% 4.04%
ATR Inc -9.72% Range Today 0.01
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 75.17 Mansfield 1.79
10 Day High 1.73 10 Day Low 1.49
20 Day High 1.73 20 Day Low 1.42
52 Week High 2.01 52 Week Low 1.26
CS1 End 1.57 CR1 Start 1.61
Volume & EV
DER(3) -0.37% DER(5) -0.45%
Volume 6.79K Volume Incr 78.01%
Vol(5) 1.90M Vol(50) 2.31M

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