Euro 2X ETN Vaneck (URR) Technical Analysis
NYSEARCA:URR
Current stock price
URR Technical Rating and Analysis
Taking everything into account, URR scores 1 out of 10 in our technical rating. URR 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.
- 69% of all other stocks performed better in the past year than URR.
- URR 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 URR is lagging the market.
- Warning: URR has an average volume of 641 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month URR has a been trading in the 11.66 - 18.00 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.
- Considerably lower volume is observed in the last couple of days.
URR Weekly and Daily overview Charts
URR Setup Rating and Analysis
The technical rating of URR 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
URR Support and Resistance Analysis
12.21
We found 2 important support areas.
- Support @12.56 from a trend line in the daily time frame.
- Support @12.33 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.10 to 14.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.38 from a horizontal line in the daily time frame.
URR 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 URR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for URR is down. |
| ChartMill Relative Strength | 31.11 | NEUTRAL | URR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of URR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of URR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of URR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.72 | NEUTRAL | The RSI value for URR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests URR has a positive trend. |
| Stochastics (14,3) | 46.71 | NEUTRAL | The Stochastics value for URR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for URR suggests high volalility. |
URR Chart- and CandleStick Pattern Analysis
URR Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:URR (4/29/2020, 8:10:56 PM)
14.01
0 (0%)
Euro 2X ETN Vaneck / URR TA FAQ
What is the ChartMill technical rating of Euro 2X ETN Vaneck (URR) stock?
ChartMill assigns a technical rating of 1 / 10 to URR.
Can you provide the trend direction for Euro 2X ETN Vaneck?
The current trend direction for Euro 2X ETN Vaneck (URR) is Bearish.
What is the RSI signal for URR stock?
Euro 2X ETN Vaneck (URR) has an RSI value of 46.7235. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Euro 2X ETN Vaneck?
The short term momentum for Euro 2X ETN Vaneck (URR) is negative.
What is the support and resistance level for URR stock?
Euro 2X ETN Vaneck (URR) has a support level at 12.56 and a resistance level at 14.1. Check the full technical report for our detailed analysis of URR support and resistance levels.