Overall CPER gets a technical rating of 9 out of 10. In the last year, CPER was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
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 a support zone below the current price at 31.64, 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.
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27.24
4 important support areas can be observed.
- A support zone ranging from 31.59 to 31.64. 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 30.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.32 to 28.92. 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.
We found 1 important resistance area.
- A resistance zone ranging from 33.07 to 33.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 CPER is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CPER is up. |
| ChartMill Relative Strength | 85.33 | POSITIVE | CPER has a high relative strength, it outperformed 85.33% 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) | 56.77 | NEUTRAL | The RSI value for CPER is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CPER has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.42 | NEUTRAL | The Stochastics value for CPER is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for CPER suggests low volalility. |
| Average Directional Index/ADX (14) | 22.94 | 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 |
|---|---|---|---|
| 33.54 | 32.39 | 1.15 (3.43%) | 25.00% |
| An entry @33.54. This is a Buy Stop order right above the resistance zone. | An exit @32.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.15 points, which is 3.43%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%. |
- 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.
32.89
-0.26 (-0.78%)
UNITED STATES COPPER INDEX / CPER FAQ
What is the technical rating for CPER stock?
ChartMill assigns a technical rating of 9 / 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 56.7725. 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 31.64 and a resistance level at 33.07. Check the full technical report for our detailed analysis of CPER support and resistance levels.