TEUCRIUM 2X LONG XRP ETF (XXRP) Stock Technical Analysis
USA - NYSEARCA:XXRP - US53656G1913 - ETF
35.76 USD
-1.45 (-3.9%)
36.0775 USD
+0.32 (+0.89%)
Taking everything into account, XXRP scores 3 out of 10 in our technical rating. XXRP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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 long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
XXRP has an average volume of 1358870 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 28.80 - 40.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
XXRP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 30.66, a Stop Loss order could be placed below this zone.
More info and screens
30.23
39.94
When analyzing the support we notice one important area.
- A support zone ranging from 30.54 to 30.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.54 to 39.54. 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 | 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 | POSITIVE | The current price of XXRP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XXRP is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.04 | NEUTRAL | The RSI value for XXRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests XXRP has a positive trend. |
| Stochastics (14,3) | 61.6 | NEUTRAL | The Stochastics value for XXRP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.47 | HIGH VOLATILITY | The high ATR as a percentage value for XXRP suggests high volalility. |
| Average Directional Index/ADX (14) | 10.66 | NEGATIVE | The low ADX value for XXRP 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)
35.76
-1.45 (-3.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.9%
1 Week16.6%
2 Weeks-1.08%
1 Month5.11%
3 Month31.18%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.87
ATR(20)%7.47%
ATR Inc6.64%
Range Today2.16
ADR(20)1.84
ADR(20)%5.14%
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 High37.73
10 Day Low28.8
20 Day High40.03
20 Day Low28.8
52 Week HighN/A
52 Week LowN/A
CS1 End30.66
CR1 Start39.54
Volume & EV
DER(3)2.55%
DER(5)1.33%
Volume1.49M
Volume Incr6.19%
Vol(5)1.19M
Vol(50)1.36M