TEUCRIUM 2X LONG XRP ETF (XXRP) Stock Technical Analysis
NYSEARCA:XXRP - NYSE Arca - US53656G1913 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to XXRP. XXRP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, XXRP is a bad performer in the overall market: 100% of all stocks are doing better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
XXRP has an average volume of 1144640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month XXRP has a been trading in the 27.63 - 68.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
XXRP has an average technical rating and it also does not offer a high 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
41.68
42.52
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 XXRP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XXRP is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | XXRP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of XXRP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XXRP is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 49.39 | NEUTRAL | The RSI value for XXRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.53 | NEGATIVE | The MACD value suggests XXRP has a negative trend. |
| Stochastics (14,3) | 13.07 | OVERSOLD | The low Stochastics value suggests XXRP may be oversold. |
| Average True Range in percent/ATR (20) | 13.54 | HIGH VOLATILITY | The high ATR as a percentage value for XXRP suggests high volalility. |
| Average Directional Index/ADX (14) | 24.27 | NEUTRAL | The ADX value for XXRP suggests a possible start of a new 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)
42.1
-1.4 (-3.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.22%
1 Week-6.44%
2 Weeks-30%
1 Month54.44%
3 Month29.78%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.27
ATR(20)%13.54%
ATR Inc-54.47%
Range Today3.87
ADR(20)4.4
ADR(20)%10.44%
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 High68.88
10 Day Low39.61
20 Day High68.88
20 Day Low27.63
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.54%
DER(5)-4.47%
Volume1.61M
Volume Incr-20.47%
Vol(5)1.46M
Vol(50)1.14M