ETRACS 150% CL END FUND ETN (CEFD) Stock Technical Analysis
NYSEARCA:CEFD - NYSE Arca - US90269A2868 - ETF - Currency: USD
Taking everything into account, CEFD scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CEFD was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CEFD is a bad performer in the overall market: 65% of all stocks are doing better.
Warning: CEFD has an average volume of 1924 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CEFD has a been trading in the 16.27 - 19.25 range, which is quite wide. It is currently trading near the high of this range.
CEFD 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 CEFD is lagging the market slightly.
CEFD 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 18.72, a Stop Loss order could be placed below this zone.
More info and screens
16.49
21.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.53 to 18.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.66 to 16.77. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 19.68 to 20.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 20.82 to 21.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for CEFD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEFD is up. |
| ChartMill Relative Strength | 35.42 | NEUTRAL | CEFD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEFD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CEFD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CEFD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.69 | NEUTRAL | The RSI value for CEFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CEFD has a negative trend. |
| Stochastics (14,3) | 87.07 | OVERBOUGHT | The high Stochastics value suggests CEFD may be overbought. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for CEFD suggests low volalility. |
| Average Directional Index/ADX (14) | 25.82 | POSITIVE | The high ADX value value for CEFD suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
18.7302
-0.13 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.71%
1 Week-0.9%
2 Weeks0.32%
1 Month1.42%
3 Month-0.48%
6 Month-7.49%
12 Month-3.3%
2 Year-3.82%
3 Year-13.69%
5 Year-24.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.22%
ATR Inc-36.5%
Range Today0.03
ADR(20)0.18
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.42
Mansfield-0.81
10 Day High19.25
10 Day Low18.6
20 Day High19.25
20 Day Low16.27
52 Week High21.2
52 Week Low14.94
CS1 End18.72
CR1 Start19.68
Volume & EV
DER(3)1.33%
DER(5)0.8%
Volume2.30K
Volume Incr74.55%
Vol(5)1.92K
Vol(50)1.92K