WT NICKEL 2X DAILY LEVERAGED (LNIK.MI) Stock Technical Analysis
BIT:LNIK - JE00BDD9QB77 - ETF
11.784 EUR
-0.12 (-0.97%)
Overall LNIK gets a technical rating of 0 out of 10. LNIK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than LNIK.
LNIK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month LNIK has a been trading in the 11.50 - 13.81 range, which is quite wide. It is currently trading near the lows of this range.
Warning: LNIK has an average volume of 10800 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
LNIK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 11.70, a Stop Loss order could be placed below this zone.
More info and screens
11.42
16.60
When analyzing the support we notice one important area.
- A support zone ranging from 11.54 to 11.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @12.18 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 12.46 to 12.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @13.58 from a trend line in the daily time frame.
- Resistance @15.38 from a trend line in the daily time frame.
- Resistance @16.44 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 | DOWN | NEGATIVE | The long term trend for LNIK.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LNIK.MI is down. |
| ChartMill Relative Strength | 5.51 | NEGATIVE | LNIK.MI has a low relative strength, it was outperformed by 94.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LNIK.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LNIK.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LNIK.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.15 | NEUTRAL | The RSI value for LNIK.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests LNIK.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 24.32 | NEUTRAL | The Stochastics value for LNIK.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for LNIK.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.31 | NEUTRAL | The ADX value for LNIK.MI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:LNIK (9/8/2025, 7:00:00 PM)
11.784
-0.12 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.97%
1 Week-5.39%
2 Weeks-0.51%
1 Month-12.03%
3 Month-23.42%
6 Month-28.81%
12 Month-35.25%
2 Year-55.61%
3 Year-75.89%
5 Year-78.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%3.66%
ATR Inc-28.99%
Range Today0.29
ADR(20)0.22
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.51
Mansfield-4.01
10 Day High12.53
10 Day Low11.5
20 Day High13.81
20 Day Low11.5
52 Week High31.19
52 Week Low11.34
CS1 End11.7
CR1 Start12.18
Volume & EV
DER(3)0%
DER(5)0%
Volume3.03K
Volume Incr-57.83%
Vol(5)5.23K
Vol(50)10.80K