Overall CEFL gets a technical rating of 0 out of 10. CEFL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CEFL is bad and it also does not present a quality setup 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.
More info and screens
3.60
2 important resistance areas can be observed.
- A resistance zone ranging from 3.65 to 3.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.54 to 14.70. This zone is formed by a combination of multiple trend lines 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 CEFL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CEFL is down. |
| ChartMill Relative Strength | 5.8 | NEGATIVE | CEFL has a low relative strength, it was outperformed by 94.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CEFL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CEFL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CEFL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.6 | OVERSOLD | The low RSI value suggests CEFL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests CEFL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.53 | NEUTRAL | The Stochastics value for CEFL is a neutral value. |
| Average True Range in percent/ATR (20) | 35.16 | HIGH VOLATILITY | The high ATR as a percentage value for CEFL suggests high volalility. |
3.64
+0.04 (+1.11%)
Etracs 2X Closed-End Fund ETN / CEFL FAQ
What is the technical rating for CEFL stock?
ChartMill assigns a technical rating of 0 / 10 to CEFL.
Can you provide the trend direction for Etracs 2X Closed-End Fund ETN?
The current trend direction for Etracs 2X Closed-End Fund ETN (CEFL) is Bearish.
What is the RSI signal for Etracs 2X Closed-End Fund ETN (CEFL) stock?
Etracs 2X Closed-End Fund ETN (CEFL) has an RSI value of 27.5996. This indicates that the stock is currently oversold.
What is the MACD signal for Etracs 2X Closed-End Fund ETN (CEFL) stock?
The MACD indicator for Etracs 2X Closed-End Fund ETN (CEFL) has a value of -0.34348, indicating a bearish trend.
Can you provide the buy/sell signal for Etracs 2X Closed-End Fund ETN?
The buy/sell signal for Etracs 2X Closed-End Fund ETN (CEFL) is sell as both the short term and long term trends are negative.