2X XRP ETF (XRPT) Stock Technical Analysis
NASDAQ:XRPT - US92864M7728 - ETF
18.05 USD
+0.53 (+3.03%)
18.27 USD
+0.22 (+1.22%)
Overall XRPT gets a technical rating of 3 out of 10. In the last year, XRPT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, XRPT is a bad performer in the overall market: 100% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
XRPT has an average volume of 1056940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month XRPT has a been trading in the 15.30 - 21.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, XRPT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 15.89, a Stop Loss order could be placed below this zone.
More info and screens
15.26
18.23
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.83 to 15.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.41 from a horizontal line in the daily time frame.
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 XRPT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XRPT is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | XRPT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of XRPT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XRPT is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.63 | NEUTRAL | The RSI value for XRPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests XRPT has a positive trend. |
| Stochastics (14,3) | 49.93 | NEUTRAL | The Stochastics value for XRPT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.16 | HIGH VOLATILITY | The high ATR as a percentage value for XRPT suggests high volalility. |
| Average Directional Index/ADX (14) | 8.95 | NEGATIVE | The low ADX value for XRPT suggests a weak or negative trend. |
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)
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)
18.05
+0.53 (+3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.03%
1 Week17.13%
2 Weeks-0.55%
1 Month-21.9%
3 Month55.87%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.41
ATR(20)%9.16%
ATR Inc-57.8%
Range Today0.54
ADR(20)1.27
ADR(20)%7.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High18.37
10 Day Low15.3
20 Day High21.18
20 Day Low15.3
52 Week HighN/A
52 Week LowN/A
CS1 End15.89
CR1 StartN/A
Volume & EV
DER(3)1.89%
DER(5)1.64%
Volume715.80K
Volume Incr-37.03%
Vol(5)749.63K
Vol(50)1.06M