Powershares Db 3X Long US Dolla (UUPT) Technical Analysis
NYSEARCA:UUPT
Current stock price
UUPT Technical Rating and Analysis
Taking everything into account, UUPT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UUPT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, UUPT did better than 90% of all other stocks. We also observe that the gains produced by UUPT over the past year are nicely spread over this period.
- In the last month UUPT has a been trading in the 28.94 - 30.77 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- UUPT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UUPT is lagging the market.
UUPT Weekly and Daily overview Charts
UUPT Setup Rating and Analysis
UUPT has an excellent technical rating and also presents 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 30.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.51, a Stop Loss order could be placed below this zone.
More info and screens
UUPT Support and Resistance Analysis
19.86
We found 4 important support areas.
- A support zone ranging from 29.51 to 29.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.29 to 27.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.48 from a trend line in the weekly time frame.
- Support @20.06 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.60 to 30.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
UUPT 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 | UP | POSITIVE | The long term trend for UUPT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UUPT is up. |
| ChartMill Relative Strength | 90.37 | POSITIVE | UUPT has a high relative strength, it outperformed 90.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UUPT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UUPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UUPT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.49 | NEUTRAL | The RSI value for UUPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests UUPT has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for UUPT suggests some volalility. |
UUPT Chart- and CandleStick Pattern Analysis
UUPT 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.85 | 29.50 | 0.35 (1.16%) | 25.00% |
| An entry @29.85. This is a Buy Stop order right above the 10 day moving average. | An exit @29.50. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.35 points, which is 1.16%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.29%. |
- The distance between exit and entry is rather small compared to the average daily movement of UUPT. 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.
UUPT Technicals: Chart, Performance Metrics, Trend & Indicators
Powershares Db 3X Long US Dolla
NYSEARCA:UUPT (2/24/2015, 4:15:04 PM)
29.72
-0.06 (-0.2%)
Powershares Db 3X Long US Dolla / UUPT TA FAQ
What is the ChartMill technical rating of Powershares Db 3X Long US Dolla (UUPT) stock?
ChartMill assigns a technical rating of 9 / 10 to UUPT.
What is the current trend direction of Powershares Db 3X Long US Dolla (UUPT) stock?
The current trend direction for Powershares Db 3X Long US Dolla (UUPT) is Bullish.
Can you provide the RSI signal for Powershares Db 3X Long US Dolla?
Powershares Db 3X Long US Dolla (UUPT) has an RSI value of 53.4887. This indicates that the stock is currently neutral.
What is the MACD signal for UUPT stock?
The MACD indicator for Powershares Db 3X Long US Dolla (UUPT) has a value of -0.16526, indicating a bearish trend.
What is the short term momentum for UUPT stock?
The short term momentum for Powershares Db 3X Long US Dolla (UUPT) is positive.