TRADR 2X LONG CEG DAILY ETF (CEGX) Stock Technical Analysis
NYSEARCA:CEGX - NYSE Arca - US46143U5341 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to CEGX. CEGX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
100% of all other stocks performed better in the past year than CEGX.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month CEGX has a been trading in the 23.13 - 31.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, CEGX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
27.72
28.29
We found 1 important support area.
- A support zone ranging from 28.00 to 28.00. 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 | UP | POSITIVE | The long term trend for CEGX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEGX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CEGX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 51.1 | NEUTRAL | The RSI value for CEGX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests CEGX has a negative trend. |
| Stochastics (14,3) | 51.42 | NEUTRAL | The Stochastics value for CEGX is a neutral value. |
| Average Directional Index/ADX (14) | 23.94 | NEUTRAL | The ADX value for CEGX suggests a possible start of a new 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)
28.01
-0.43 (-1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.51%
1 Week-4.07%
2 Weeks3.7%
1 MonthN/A
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.21
ATR(20)%N/A
ATR Inc16.64%
Range Today1.4
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High31.95
10 Day Low26.1
20 Day High31.95
20 Day Low23.13
52 Week HighN/A
52 Week LowN/A
CS1 End28
CR1 StartN/A
Volume & EV
DER(3)-1.74%
DER(5)-1.75%
Volume47.00K
Volume IncrInfinity%
Vol(5)35.00K
Vol(50)N/A