CS Axelatrader 3X Long Brent Crude Oil ETN (UBRT) Technical Analysis
NYSEARCA:UBRT
Current stock price
UBRT Technical Rating and Analysis
Taking everything into account, UBRT scores 2 out of 10 in our technical rating. In the last year, UBRT was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
- When comparing the yearly performance of all stocks, UBRT is a bad performer in the overall market: 100% of all stocks are doing better.
- Warning: UBRT has an average volume of 454 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month UBRT has a been trading in the 219.38 - 277.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- UBRT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UBRT is lagging the market slightly.
UBRT Weekly and Daily overview Charts
UBRT Setup Rating and Analysis
UBRT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
UBRT Support and Resistance Analysis
155.98
We found 3 important support areas.
- Support @232.13 from a horizontal line in the weekly time frame.
- Support @219.37 from a horizontal line in the daily time frame.
- A support zone ranging from 157.56 to 158.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 246.60 to 250.38. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @254.54 from a horizontal line in the daily time frame.
- A resistance zone ranging from 295.90 to 297.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
UBRT 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 | UP | POSITIVE | The long term trend for UBRT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UBRT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | UBRT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UBRT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UBRT is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.66 | NEUTRAL | The RSI value for UBRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.26 | POSITIVE | The MACD value suggests UBRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.3 | NEUTRAL | The Stochastics value for UBRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for UBRT suggests some volalility. |
UBRT Chart- and CandleStick Pattern Analysis
UBRT Technicals: Chart, Performance Metrics, Trend & Indicators
CS Axelatrader 3X Long Brent Crude Oil ETN
NYSEARCA:UBRT (8/13/2018, 8:04:04 PM)
246.59
0 (0%)
CS Axelatrader 3X Long Brent Crude Oil ETN / UBRT TA FAQ
What is the technical rating for UBRT stock?
ChartMill assigns a technical rating of 2 / 10 to UBRT.
What is the current trend direction of CS Axelatrader 3X Long Brent Crude Oil ETN (UBRT) stock?
The current trend direction for CS Axelatrader 3X Long Brent Crude Oil ETN (UBRT) is Bullish.
What is the RSI signal for UBRT stock?
CS Axelatrader 3X Long Brent Crude Oil ETN (UBRT) has an RSI value of 47.6634. This indicates that the stock is currently neutral.
What is the short term momentum for CS Axelatrader 3X Long Brent Crude Oil ETN (UBRT) stock?
The short term momentum for CS Axelatrader 3X Long Brent Crude Oil ETN (UBRT) is negative.
Can you provide the buy/sell signal for CS Axelatrader 3X Long Brent Crude Oil ETN?
The buy/sell signal for CS Axelatrader 3X Long Brent Crude Oil ETN (UBRT) is hold as the short term and long term trends are mixed.