MICROS US BIGOIL -3X INV LEV (NRGD) Stock Technical Analysis
NYSEARCA:NRGD - NYSE Arca - US0636793939 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to NRGD. NRGD'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NRGD is a bad performer in the overall market: 98% of all stocks are doing better.
NRGD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NRGD is lagging the market.
In the last month NRGD has a been trading in the 19.05 - 27.29 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: NRGD has an average volume of 2078 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of NRGD is bad and it also does not present a quality setup 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
19.46
19.86
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 NRGD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NRGD is down. |
| ChartMill Relative Strength | 2.99 | NEGATIVE | NRGD has a low relative strength, it was outperformed by 97.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRGD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRGD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRGD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.97 | NEUTRAL | The RSI value for NRGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests NRGD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.94 | OVERSOLD | The low Stochastics value suggests NRGD may be oversold. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for NRGD suggests high volalility. |
| Average Directional Index/ADX (14) | 27.01 | POSITIVE | The high ADX value value for NRGD suggests a strong 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)
19.6592
-0.48 (-2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.36%
1 Week-8.25%
2 Weeks-26.14%
1 Month-26.7%
3 Month-21.25%
6 Month-88.26%
12 Month-91.71%
2 Year-93.9%
3 Year-99.47%
5 Year-99.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%5.03%
ATR Inc-43.92%
Range Today0.42
ADR(20)0.34
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.99
Mansfield-8.72
10 Day High24.98
10 Day Low19.05
20 Day High27.29
20 Day Low19.05
52 Week High270.58
52 Week Low19.05
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0.36%
DER(5)0.57%
Volume2.70K
Volume Incr416.92%
Vol(5)6.72K
Vol(50)2.08K