INVESCO DB US DOLLAR INDEX B (UUP) Technical Analysis
NYSEARCA:UUP • US46141D2036
We assign a technical rating of 3 out of 10 to UUP. Recently some decent action could be observed, but in the medium term time frame this is still negative. UUP was also a bad performer in the overall market in the last year.
- 73% of all other stocks performed better in the past year than UUP.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- UUP has an average volume of 1305600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- UUP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UUP is lagging the market.
- In the last month UUP has a been trading in a tight range between 26.73 and 27.65.
- Volume is considerably higher in the last couple of days.
The technical rating of UUP 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
26.21
When analyzing the support we notice one important area.
- A support zone ranging from 26.47 to 27.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 27.73 to 27.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.50 to 30.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for UUP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UUP is up. |
| ChartMill Relative Strength | 27.66 | NEGATIVE | UUP has a low relative strength, it was outperformed by 72.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UUP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UUP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UUP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.91 | NEUTRAL | The RSI value for UUP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests UUP has a positive trend. |
| Stochastics (14,3) | 80.31 | OVERBOUGHT | The high Stochastics value suggests UUP may be overbought. |
| Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for UUP suggests low volalility. |
| Average Directional Index/ADX (14) | 19.02 | NEGATIVE | The low ADX value for UUP suggests a weak or negative trend. |
UUP Technicals: Chart, Performance Metrics, Trend & Indicators
27.41
-0.05 (-0.18%)
INVESCO DB US DOLLAR INDEX B / UUP FAQ
What is the ChartMill technical rating of INVESCO DB US DOLLAR INDEX B (UUP) stock?
ChartMill assigns a technical rating of 3 / 10 to UUP.
What is the trend direction for UUP stock?
The current trend direction for INVESCO DB US DOLLAR INDEX B (UUP) is Bearish.
What is the RSI signal for UUP stock?
INVESCO DB US DOLLAR INDEX B (UUP) has an RSI value of 63.9079. This indicates that the stock is currently neutral.
What is the MACD signal for INVESCO DB US DOLLAR INDEX B (UUP) stock?
The MACD indicator for INVESCO DB US DOLLAR INDEX B (UUP) has a value of 0.0644333, indicating a bearish trend.
Can you provide the support and resistance levels for INVESCO DB US DOLLAR INDEX B?
INVESCO DB US DOLLAR INDEX B (UUP) has a support level at 27.3 and a resistance level at 27.73. Check the full technical report for our detailed analysis of UUP support and resistance levels.