Powershares Db 3X Short US Doll (UDNT) Technical Analysis
NYSEARCA:UDNT
Current stock price
UDNT Technical Rating and Analysis
Taking everything into account, UDNT scores 1 out of 10 in our technical rating. UDNT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, UDNT is a bad performer in the overall market: 91% of all stocks are doing better.
- UDNT 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.
- UDNT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: UDNT has an average volume of 14470 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
UDNT Weekly and Daily overview Charts
UDNT Setup Rating and Analysis
UDNT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.19, a Stop Loss order could be placed below this zone.
More info and screens
UDNT Support and Resistance Analysis
10.05
When analyzing the support we notice one important area.
- A support zone ranging from 10.15 to 10.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.33 to 10.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.66 from a trend line in the weekly time frame.
- Resistance @17.68 from a trend line in the weekly time frame.
UDNT 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 | DOWN | NEGATIVE | The long term trend for UDNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UDNT is down. |
| ChartMill Relative Strength | 9.42 | NEGATIVE | UDNT has a low relative strength, it was outperformed by 90.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UDNT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UDNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UDNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.38 | NEUTRAL | The RSI value for UDNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests UDNT has a positive trend, although the MACD value is declining. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for UDNT suggests some volalility. |
UDNT Chart- and CandleStick Pattern Analysis
UDNT Technicals: Chart, Performance Metrics, Trend & Indicators
Powershares Db 3X Short US Doll
NYSEARCA:UDNT (2/24/2015, 8:27:02 PM)
After market: 10.69 +0.36 (+3.48%)10.33
-0.15 (-1.43%)
Powershares Db 3X Short US Doll / UDNT TA FAQ
What is the technical rating for UDNT stock?
ChartMill assigns a technical rating of 1 / 10 to UDNT.
What is the trend direction for UDNT stock?
The current trend direction for Powershares Db 3X Short US Doll (UDNT) is Bearish.
Can you provide the RSI signal for Powershares Db 3X Short US Doll?
Powershares Db 3X Short US Doll (UDNT) has an RSI value of 41.3779. This indicates that the stock is currently neutral.
What is the MACD signal for Powershares Db 3X Short US Doll (UDNT) stock?
The MACD indicator for Powershares Db 3X Short US Doll (UDNT) has a value of 0.0680601, indicating a bearish trend.
Can you provide the buy/sell signal for Powershares Db 3X Short US Doll?
The buy/sell signal for Powershares Db 3X Short US Doll (UDNT) is sell as both the short term and long term trends are negative.