AMUND CAC 40 DAILY 2X LEV (LVC.PA)

FR0010592014 - ETF

41.535  -1.27 (-2.97%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to LVC. Both in the recent history as in the last year, LVC has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
LVC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LVC is performing more or less in line with the market.
Looking at the yearly performance, LVC did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month LVC has a been trading in the 40.52 - 44.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
LVC Weekly chart
LVC Daily chart
Setup Rating and Analysis

8

LVC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 42.36, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

30.85

44.25

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 40.77 to 41.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @34.45 from a trend line in the weekly time frame.
  • Support @31.16 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 41.57 to 42.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 43.81 to 43.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.6
Mansfield0.58
10 Day High43.36
10 Day Low40.53
20 Day High44.27
20 Day Low40.53
52 Week High44.27
52 Week Low30.34
Performance
1 Week3.53%
2 Weeks1.84%
1 Month-1.11%
3 Month12.26%
6 Month40.39%
12 Month16.41%
2 Year54.61%
3 Year70.06%
5 Year105.99%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)55.64
LBB40.82
UBB43.11
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
41.9040.761.14 (2.72%)25.00%
An entry @41.90. This is a Buy Stop order right above the 10 day moving average.An exit @40.76. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.14 points, which is 2.72%.For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of LVC. 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.
LVC Daily chart

AMUND CAC 40 DAILY 2X LEV

EPA:LVC (4/25/2024, 3:12:38 PM)

41.535

-1.27 (-2.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.97%
1 Week3.53%
2 Weeks1.84%
1 Month-1.11%
3 Month12.26%
6 Month40.39%
12 Month16.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.13
ATR(20)%2.47%
ATR Inc
Range Today0.95
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High43.36
10 Day Low40.53
20 Day High44.27
20 Day Low40.53
52 Week High44.27
52 Week Low30.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.23K
Volume Incr0%
Vol(5)168.90K
Vol(50)126.54K