LEVERAGE SHARES 2X COIN (COIG) Stock Technical Analysis
NASDAQ:COIG - Nasdaq - US8829276356 - ETF - Currency: USD
Overall COIG gets a technical rating of 2 out of 10. In the last year, COIG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, COIG is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month COIG has a been trading in the 29.80 - 71.99 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Volume is considerably higher in the last couple of days.
The technical rating of COIG 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
30.40
33.58
When analyzing the support we can see 2 important areas.
- Support @31.47 from a trend line in the daily time frame.
- Support @30.71 from a horizontal line 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 | UP | POSITIVE | The long term trend for COIG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for COIG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | COIG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of COIG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of COIG is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 34.42 | NEUTRAL | The RSI value for COIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.36 | NEGATIVE | The MACD value suggests COIG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.95 | OVERSOLD | The low Stochastics value suggests COIG may be oversold. |
| Average True Range in percent/ATR (20) | 16.2 | HIGH VOLATILITY | The high ATR as a percentage value for COIG suggests high volalility. |
| Average Directional Index/ADX (14) | 33.37 | POSITIVE | The high ADX value value for COIG 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)
33.2513
-0.11 (-0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.32%
1 Week-4.05%
2 Weeks-40.55%
1 Month-39.53%
3 Month95.53%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.94
ATR(20)%16.2%
ATR Inc-54.49%
Range Today2.53
ADR(20)4.47
ADR(20)%13.43%
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 High56.82
10 Day Low29.8
20 Day High71.99
20 Day Low29.8
52 Week HighN/A
52 Week LowN/A
CS1 End31.47
CR1 StartN/A
Volume & EV
DER(3)6.02%
DER(5)4.75%
Volume68.90K
Volume Incr40.77%
Vol(5)98.38K
Vol(50)49.88K