INVESCO DB US DOLLAR INDEX B (UUP)       27.515  +0.05 (+0.16%)

27.515  +0.05 (+0.16%)

US46141D2036 - ETF

Technical Rating

1

Taking everything into account, UUP scores 1 out of 10 in our technical rating. UUP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.



UUP has an average volume of 3684600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, UUP turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
UUP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month UUP has a been trading in a tight range between 27.31 and 28.33.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

Statistics

1 Month 3 Months 6 Months 12 Months -2.14% -7.76% -2.90% 5.45% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 47.89 25.4799 - 30.76
UUP Weekly chart
UUP Daily chart

Support/Resistance Analysis


26.94

30.98
When analyzing the support we notice one important area.
  • A support zone ranging from 27.21 to 27.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
  • A resistance zone ranging from 27.67 to 28.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 29.03 to 29.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 30.46 to 30.67. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

7

UUP 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. There is a resistance zone just above the current price starting at 27.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.47, a Stop Loss order could be placed below this zone.


UUP Daily chart

INVESCO DB US DOLLAR INDEX B27.515

NYSEARCA:UUP (1/30/2023, 10:56:53 AM)+0.05 (+0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A

Performance
Today 0.16% 1 Week 0.11%
2 Weeks -0.04% 1 Month -2.14%
3 Month -7.76% 6 Month -2.9%

Volatility
ATR(14) 0.16 ATR(20)% 0.69%
ATR Inc -28.18% Range Today 0.08

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 47.89 Mansfield -0.3
10 Day High 27.6 10 Day Low 27.31
20 Day High 28.33 20 Day Low 27.31
52 Week High 30.76 52 Week Low 25.48
CS1 End 27.47 CR1 Start 27.51

Volume & EV
DER(3) -12.45% DER(5) -8.77%
Volume 1.01M Volume Incr -20%
Vol(5) 2.56M Vol(50) 3.68M

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