VS 3X Gold (UGLD) Stock Technical Analysis
USA - NASDAQ:UGLD -
Taking everything into account, UGLD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, UGLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although UGLD has an excellent technical rating, the quality of the presented setup is not ideal 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.
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136.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 198.60 to 201.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 183.58 to 190.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @138.18 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @201.37 from a horizontal line in the weekly time frame.
- Resistance @204.78 from a horizontal line in the daily time frame.
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 UGLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UGLD is up. |
| ChartMill Relative Strength | 90.8 | POSITIVE | UGLD has a high relative strength, it outperformed 90.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UGLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UGLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UGLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.11 | NEUTRAL | The RSI value for UGLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.24 | POSITIVE | The MACD value suggests UGLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.95 | OVERBOUGHT | The high Stochastics value suggests UGLD may be overbought. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for UGLD suggests some volalility. |
NASDAQ:UGLD (7/2/2020, 8:00:03 PM)
201.36
+1.72 (+0.86%)
VS 3X Gold / UGLD FAQ
Can you provide the ChartMill technical rating for VS 3X Gold?
ChartMill assigns a technical rating of 10 / 10 to UGLD.
What is the current trend direction of VS 3X Gold (UGLD) stock?
The current trend direction for VS 3X Gold (UGLD) is Bullish.
Can you provide the RSI signal for VS 3X Gold?
VS 3X Gold (UGLD) has an RSI value of 59.1102. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VS 3X Gold?
The MACD indicator for VS 3X Gold (UGLD) has a value of 1.23874, indicating a bullish trend.
What is the buy/sell signal for UGLD stock?
The buy/sell signal for VS 3X Gold (UGLD) is buy as both the short term and long term trends are positive.