INVESCO DB US DOLLAR INDEX B (UUP) Stock Technical Analysis
NYSEARCA:UUP • US46141D2036
We assign a technical rating of 2 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.
- When comparing the yearly performance of all stocks, UUP is a bad performer in the overall market: 75% of all stocks are doing better.
- UUP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- UUP has an average volume of 1158660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month UUP has a been trading in a tight range between 26.39 and 27.17.
UUP has a poor technical rating and the quality of the setup is also not perfect 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
We found 1 important support area.
- A support zone ranging from 26.47 to 27.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 27.16 to 27.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.77 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 | DOWN | NEGATIVE | The long term trend for UUP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UUP is up. |
| ChartMill Relative Strength | 25.38 | NEGATIVE | UUP has a low relative strength, it was outperformed by 74.62% 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 | NEGATIVE | The current price of UUP is below 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) | 53.71 | NEUTRAL | The RSI value for UUP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests UUP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.45 | OVERBOUGHT | The high Stochastics value suggests UUP may be overbought. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for UUP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for UUP suggests a weak or negative trend. |
27.11
+0.02 (+0.07%)
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 2 / 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 53.7078. 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 0.0513195, 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 27.09 and a resistance level at 27.16. Check the full technical report for our detailed analysis of UUP support and resistance levels.