MICROSECTORS TRAVEL 3X LEVG (FLYU) Technical Analysis
NYSEARCA:FLYU • US06368J2006
Current stock price
FLYU Technical Rating and Analysis
Taking everything into account, FLYU scores 7 out of 10 in our technical rating. FLYU has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Warning: FLYU has an average volume of 3914 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month FLYU has a been trading in the 29.80 - 52.35 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, FLYU did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- FLYU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLYU is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FLYU Weekly and Daily overview Charts
FLYU Setup Rating and Analysis
Although FLYU has an excellent technical rating, it does not present a decent entry opportunity 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.
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FLYU Support and Resistance Analysis
31.07
When analyzing the support we notice one important area.
- Support @31.38 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 50.03 to 50.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 59.51 to 60.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 61.85 to 62.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
FLYU 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 FLYU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLYU is up. |
| ChartMill Relative Strength | 80.18 | POSITIVE | FLYU has a high relative strength, it outperformed 80.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLYU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FLYU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLYU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.12 | NEUTRAL | The RSI value for FLYU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.66 | POSITIVE | The MACD value suggests FLYU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.39 | OVERBOUGHT | The high Stochastics value suggests FLYU may be overbought. |
| Average True Range in percent/ATR (20) | 5.72 | HIGH VOLATILITY | The high ATR as a percentage value for FLYU suggests high volalility. |
| Average Directional Index/ADX (14) | 24.26 | NEUTRAL | The ADX value for FLYU suggests a possible start of a new trend. |
FLYU Chart- and CandleStick Pattern Analysis
FLYU Technicals: Chart, Performance Metrics, Trend & Indicators
47.504
-1.95 (-3.94%)
MICROSECTORS TRAVEL 3X LEVG / FLYU TA FAQ
What is the technical rating for FLYU stock?
ChartMill assigns a technical rating of 7 / 10 to FLYU.
Can you provide the trend direction for MICROSECTORS TRAVEL 3X LEVG?
The current trend direction for MICROSECTORS TRAVEL 3X LEVG (FLYU) is Bearish.
Can you provide the RSI signal for MICROSECTORS TRAVEL 3X LEVG?
MICROSECTORS TRAVEL 3X LEVG (FLYU) has an RSI value of 63.1186. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MICROSECTORS TRAVEL 3X LEVG?
The short term momentum for MICROSECTORS TRAVEL 3X LEVG (FLYU) is positive.
What is the support and resistance level for FLYU stock?
MICROSECTORS TRAVEL 3X LEVG (FLYU) has a support level at 31.38 and a resistance level at 50.03. Check the full technical report for our detailed analysis of FLYU support and resistance levels.