TEUCRIUM 2X LONG XRP ETF (XXRP) Stock Technical Analysis
USA - NYSEARCA:XXRP - US53656G1913 - ETF
39.53 USD
+1.69 (+4.47%)
39.83 USD
+0.3 (+0.76%)
We assign a technical rating of 4 out of 10 to XXRP. In the last year, XXRP was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
100% of all other stocks performed better in the past year than XXRP.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
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 1615750 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 32.02 - 43.47 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 the quality of the presented setup is also not ideal 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
33.03
39.93
When analyzing the support we notice one important area.
- Support @33.36 from a trend 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 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) | DOWN | MIXED | The current price of XXRP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of XXRP is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.97 | NEUTRAL | The RSI value for XXRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests XXRP has a positive trend. |
| Stochastics (14,3) | 62.63 | NEUTRAL | The Stochastics value for XXRP is a neutral value. |
| Average True Range in percent/ATR (20) | 8.31 | HIGH VOLATILITY | The high ATR as a percentage value for XXRP suggests high volalility. |
| Average Directional Index/ADX (14) | 8.13 | 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)
39.53
+1.69 (+4.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.47%
1 Week16.2%
2 Weeks8.03%
1 Month-6.79%
3 Month50.19%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.64
ATR(20)%8.31%
ATR Inc-44.76%
Range Today2.14
ADR(20)2.66
ADR(20)%6.72%
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 High39.65
10 Day Low32.02
20 Day High43.47
20 Day Low32.02
52 Week HighN/A
52 Week LowN/A
CS1 End33.36
CR1 StartN/A
Volume & EV
DER(3)-0.96%
DER(5)-0.69%
Volume1.39M
Volume Incr-32.84%
Vol(5)999.93K
Vol(50)1.62M