INVESCO DB US DOLLAR INDEX B (UUP)

US46141D2036 - ETF

28.76  -0.06 (-0.21%)

After market: 28.77 +0.01 (+0.03%)

Technical Rating and Analysis

6

Taking everything into account, UUP scores 6 out of 10 in our technical rating. In the last year, UUP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

Both the short term and long term trends are positive. This is a very positive sign.
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 54% of all stocks.
UUP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UUP is lagging the market slightly.
In the last month UUP has a been trading in a tight range between 28.22 and 28.97.

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Weekly and Daily overview Charts
UUP Weekly chart
UUP Daily chart
Setup Rating and Analysis

7

UUP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 28.63, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

26.68

30.76

We found 2 important support areas.

  • A support zone ranging from 28.24 to 28.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 26.95 to 27.69. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 29.51 to 30.46. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.95
Mansfield-0.85
10 Day High28.97
10 Day Low28.75
20 Day High28.97
20 Day Low28.22
52 Week High30.17
52 Week Low26.92
Performance
1 Week-0.48%
2 Weeks0.52%
1 Month1.66%
3 Month3.53%
6 Month-4.04%
12 Month3.64%
2 Year4.32%
3 Year17.01%
5 Year9.9%
10 Year35.15%
15 Year13.5%

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Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)

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Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)61.2
LBB28.33
UBB29.16

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Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
28.8728.740.13 (0.44%)25.00%
An entry @28.87. This is a Buy Stop order right above the 10 day moving average.An exit @28.74. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.13 points, which is 0.44%.For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of UUP. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

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UUP Daily chart

INVESCO DB US DOLLAR INDEX B

NYSEARCA:UUP (4/25/2024, 7:23:09 PM)

After market: 28.77 +0.01 (+0.03%)

28.76

-0.06 (-0.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.21%
1 Week-0.48%
2 Weeks0.52%
1 Month1.66%
3 Month3.53%
6 Month-4.04%
12 Month3.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%0.42%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High28.97
10 Day Low28.75
20 Day High28.97
20 Day Low28.22
52 Week High30.17
52 Week Low26.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume639.70K
Volume Incr-31.48%
Vol(5)570.74K
Vol(50)853.89K