We assign a technical rating of 10 out of 10 to CPER. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CPER is showing a nice and steady performance.
CPER has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 33.45, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
27.24
When analyzing the support we can see 5 important areas.
- A support zone ranging from 32.63 to 33.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 31.72 to 31.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.27 to 30.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.32 to 28.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.52 from a horizontal line in the weekly 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 CPER is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPER is up. |
| ChartMill Relative Strength | 86.22 | POSITIVE | CPER has a high relative strength, it outperformed 86.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CPER is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CPER is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPER is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.66 | NEUTRAL | The RSI value for CPER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CPER has a positive trend. |
| Stochastics (14,3) | 71.73 | NEUTRAL | The Stochastics value for CPER is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for CPER suggests low volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for CPER suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.02 | 32.62 | 1.40 (4.12%) | 24.30% |
| An entry @34.02. This is a Buy Stop order right above the 10 day high. | An exit @32.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.40 points, which is 4.12%. | When investing 24.30% 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.
33.6
+0.34 (+1.02%)
UNITED STATES COPPER INDEX / CPER FAQ
What is the technical rating for CPER stock?
ChartMill assigns a technical rating of 10 / 10 to CPER.
Can you provide the trend direction for UNITED STATES COPPER INDEX?
The current trend direction for UNITED STATES COPPER INDEX (CPER) is Bullish.
What is the RSI signal for CPER stock?
UNITED STATES COPPER INDEX (CPER) has an RSI value of 62.6609. This indicates that the stock is currently neutral.
What is the short term momentum for CPER stock?
The short term momentum for UNITED STATES COPPER INDEX (CPER) is positive.
Can you provide the support and resistance levels for UNITED STATES COPPER INDEX?
UNITED STATES COPPER INDEX (CPER) has a support level at 33.45. Check the full technical report for our detailed analysis of CPER support and resistance levels.