VS GBP Vs. USD Daily 4X Long ETN (UGBP) Technical Analysis
NYSEARCA:UGBP
Current stock price
UGBP Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to UGBP. UGBP was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- When comparing the yearly performance of all stocks, UGBP is a bad performer in the overall market: 65% of all stocks are doing better.
- In the last month UGBP has a been trading in the 16.42 - 17.83 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- Warning: UGBP has an average volume of 1875 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- UGBP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UGBP is lagging the market.
UGBP Weekly and Daily overview Charts
UGBP Setup Rating and Analysis
UGBP has a bad technical rating, but it does show 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 16.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UGBP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
UGBP Support and Resistance Analysis
15.42
We found 2 important support areas.
- A support zone ranging from 16.57 to 16.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.58 to 15.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 16.88 to 17.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 17.40 to 17.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 19.03 to 19.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.70 from a horizontal line in the weekly time frame.
UGBP 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 UGBP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UGBP is down. |
| ChartMill Relative Strength | 35.09 | NEUTRAL | UGBP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UGBP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UGBP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UGBP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.62 | NEUTRAL | The RSI value for UGBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests UGBP has a negative trend. |
| Stochastics (14,3) | 20.79 | NEUTRAL | The Stochastics value for UGBP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for UGBP suggests some volalility. |
UGBP Chart- and CandleStick Pattern Analysis
UGBP Technicals: Chart, Performance Metrics, Trend & Indicators
VS GBP Vs. USD Daily 4X Long ETN
NYSEARCA:UGBP (10/30/2020, 8:04:00 PM)
16.753
+0.19 (+1.13%)
VS GBP Vs. USD Daily 4X Long ETN / UGBP TA FAQ
Can you provide the ChartMill technical rating for VS GBP Vs. USD Daily 4X Long ETN?
ChartMill assigns a technical rating of 3 / 10 to UGBP.
What is the current trend direction of VS GBP Vs. USD Daily 4X Long ETN (UGBP) stock?
The current trend direction for VS GBP Vs. USD Daily 4X Long ETN (UGBP) is Bullish.
Can you provide the RSI signal for VS GBP Vs. USD Daily 4X Long ETN?
VS GBP Vs. USD Daily 4X Long ETN (UGBP) has an RSI value of 48.6207. This indicates that the stock is currently neutral.
What is the short term momentum for UGBP stock?
The short term momentum for VS GBP Vs. USD Daily 4X Long ETN (UGBP) is negative.
What is the buy/sell signal for VS GBP Vs. USD Daily 4X Long ETN (UGBP) stock?
The buy/sell signal for VS GBP Vs. USD Daily 4X Long ETN (UGBP) is hold as the short term and long term trends are mixed.