DIR DA FTS EUR BU 3X ETF-USD (EURL) Technical Analysis
NYSEARCA:EURL • US25459Y2809
Current stock price
EURL Technical Rating and Analysis
Taking everything into account, EURL scores 3 out of 10 in our technical rating. Although EURL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, EURL did better than 86% of all other stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- EURL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EURL is lagging the market slightly.
- In the last month EURL has a been trading in the 33.54 - 43.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EURL Weekly and Daily overview Charts
EURL Setup Rating and Analysis
EURL has a poor technical rating and the quality of the setup is also not perfect 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
EURL Support and Resistance Analysis
33.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.22 to 34.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.40 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @39.72 from a horizontal line in the daily time frame.
EURL Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for EURL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EURL is down. |
| ChartMill Relative Strength | 86.56 | POSITIVE | EURL has a high relative strength, it outperformed 86.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EURL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EURL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EURL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.6 | NEUTRAL | The RSI value for EURL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests EURL has a positive trend. |
| Stochastics (14,3) | 71.53 | NEUTRAL | The Stochastics value for EURL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for EURL suggests high volalility. |
| Average Directional Index/ADX (14) | 41.15 | POSITIVE | The high ADX value value for EURL suggests a strong trend. |
EURL Chart- and CandleStick Pattern Analysis
EURL Technicals: Chart, Performance Metrics, Trend & Indicators
38.98
-0.73 (-1.84%)
DIR DA FTS EUR BU 3X ETF-USD / EURL TA FAQ
What is the ChartMill technical rating of DIR DA FTS EUR BU 3X ETF-USD (EURL) stock?
ChartMill assigns a technical rating of 3 / 10 to EURL.
What is the current trend direction of DIR DA FTS EUR BU 3X ETF-USD (EURL) stock?
The current trend direction for DIR DA FTS EUR BU 3X ETF-USD (EURL) is Bearish.
What is the RSI signal for DIR DA FTS EUR BU 3X ETF-USD (EURL) stock?
DIR DA FTS EUR BU 3X ETF-USD (EURL) has an RSI value of 47.6037. This indicates that the stock is currently neutral.
What is the MACD signal for DIR DA FTS EUR BU 3X ETF-USD (EURL) stock?
The MACD indicator for DIR DA FTS EUR BU 3X ETF-USD (EURL) has a value of 0.468299, indicating a bearish trend.