INVESCO DB US DOLLAR INDEX B (UUP) Technical Analysis
NYSEARCA:UUP • US46141D2036
Current stock price
UUP Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to UUP. UUP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 71% of all other stocks performed better in the past year than UUP.
- UUP has an average volume of 2799980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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 27.20 and 28.00.
UUP Weekly and Daily overview Charts
UUP Setup Rating and Analysis
Although the technical rating is bad, UUP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 27.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UUP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
UUP Support and Resistance Analysis
26.21
We found 1 important support area.
- A support zone ranging from 26.47 to 27.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.40 to 28.03. This zone is formed by a combination of multiple trend lines and important moving averages 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.
UUP 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 | NEUTRAL | NEUTRAL | The long term trend for UUP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UUP is down. |
| ChartMill Relative Strength | 29.11 | NEGATIVE | UUP has a low relative strength, it was outperformed by 70.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UUP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UUP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of UUP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.54 | NEUTRAL | The RSI value for UUP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests UUP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.15 | OVERSOLD | The low Stochastics value suggests UUP may be oversold. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for UUP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.63 | NEGATIVE | The low ADX value for UUP suggests a weak or negative trend. |
UUP Chart- and CandleStick Pattern Analysis
UUP Technicals: Chart, Performance Metrics, Trend & Indicators
27.36
-0.01 (-0.04%)
INVESCO DB US DOLLAR INDEX B / UUP TA FAQ
What is the ChartMill technical rating of INVESCO DB US DOLLAR INDEX B (UUP) stock?
ChartMill assigns a technical rating of 1 / 10 to UUP.
Can you provide the trend direction for INVESCO DB US DOLLAR INDEX B?
The current trend direction for INVESCO DB US DOLLAR INDEX B (UUP) is Bearish.
What is the RSI signal for INVESCO DB US DOLLAR INDEX B (UUP) stock?
INVESCO DB US DOLLAR INDEX B (UUP) has an RSI value of 42.5438. This indicates that the stock is currently neutral.
What is the support and resistance level for UUP stock?
INVESCO DB US DOLLAR INDEX B (UUP) has a support level at 27.3 and a resistance level at 27.4. Check the full technical report for our detailed analysis of UUP support and resistance levels.