USCF DLY TGT 2X COPPER INDEX (CPXR) Stock Technical Analysis
NYSEARCA:CPXR • US45259A6881
Taking everything into account, CPXR scores 6 out of 10 in our technical rating. In the last year, CPXR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month CPXR has a been trading in the 26.51 - 34.91 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, CPXR did better than 79% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- CPXR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CPXR is lagging the market.
Although the technical rating is only medium, CPXR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 26.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPXR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
24.12
2 important support areas can be observed.
- A support zone ranging from 26.28 to 26.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.36 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.94 to 28.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.54 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 CPXR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPXR is neutral. |
| ChartMill Relative Strength | 79.88 | POSITIVE | CPXR has a high relative strength, it outperformed 79.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CPXR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CPXR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CPXR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.81 | NEUTRAL | The RSI value for CPXR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests CPXR has a negative trend. |
| Stochastics (14,3) | 11.54 | OVERSOLD | The low Stochastics value suggests CPXR may be oversold. |
| Average True Range in percent/ATR (20) | 6.62 | HIGH VOLATILITY | The high ATR as a percentage value for CPXR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.72 | NEGATIVE | The low ADX value for CPXR suggests a weak or negative 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 |
|---|---|---|---|
| 28.82 | 26.50 | 2.32 (8.05%) | 12.42% |
| An entry @28.82. This is a Buy Stop order right above the resistance zone. | An exit @26.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.32 points, which is 8.05%. | For a 1.00% total portfolio risk, you can invest 12.42% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CPXR. Please evaluate whether better entry and exit points can be found.
- 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.
26.93
+0.13 (+0.49%)
USCF DLY TGT 2X COPPER INDEX / CPXR FAQ
What is the technical rating for CPXR stock?
ChartMill assigns a technical rating of 6 / 10 to CPXR.
What is the current trend direction of USCF DLY TGT 2X COPPER INDEX (CPXR) stock?
The current trend direction for USCF DLY TGT 2X COPPER INDEX (CPXR) is Bullish.
What is the RSI signal for CPXR stock?
USCF DLY TGT 2X COPPER INDEX (CPXR) has an RSI value of 46.813. This indicates that the stock is currently neutral.
What is the MACD signal for USCF DLY TGT 2X COPPER INDEX (CPXR) stock?
The MACD indicator for USCF DLY TGT 2X COPPER INDEX (CPXR) has a value of -0.312165, indicating a bearish trend.