WT WTI CRUDE 2X DLY LVRGD (LOIL.MI) Stock Technical Analysis
BIT:LOIL - JE00BDD9Q840 - ETF
8.327 EUR
-0.27 (-3.19%)
Taking everything into account, LOIL scores 2 out of 10 in our technical rating. LOIL'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.
83% of all other stocks performed better in the past year than LOIL.
LOIL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LOIL has a been trading in the 8.03 - 9.29 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, LOIL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.10, a Stop Loss order could be placed below this zone.
More info and screens
7.96
12.21
When analyzing the support we notice one important area.
- A support zone ranging from 8.04 to 8.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 8.57 to 8.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.10 to 9.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 9.45 to 9.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @11.77 from a horizontal line in the daily time frame.
- Resistance @12.09 from a trend line in the weekly 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 LOIL.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LOIL.MI is down. |
| ChartMill Relative Strength | 17.4 | NEGATIVE | LOIL.MI has a low relative strength, it was outperformed by 82.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LOIL.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of LOIL.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LOIL.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.91 | NEUTRAL | The RSI value for LOIL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LOIL.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.88 | NEUTRAL | The Stochastics value for LOIL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for LOIL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.18 | NEGATIVE | The low ADX value for LOIL.MI suggests a weak or negative 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:LOIL (9/11/2025, 3:09:36 PM)
8.327
-0.27 (-3.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.19%
1 Week-1.12%
2 Weeks-0.77%
1 Month2.56%
3 Month-13.78%
6 Month-10%
12 Month-8.3%
2 Year-43.86%
3 Year-36.92%
5 Year221.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3.83%
ATR Inc-22.43%
Range Today0.04
ADR(20)0.26
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.4
Mansfield-1.92
10 Day High9.29
10 Day Low8.03
20 Day High9.29
20 Day Low8.03
52 Week High13.51
52 Week Low6.27
CS1 End8.1
CR1 Start8.61
Volume & EV
DER(3)1.23%
DER(5)0.19%
Volume3.49K
Volume Incr32.38%
Vol(5)274.60K
Vol(50)209.36K