Technical Analysis for BNKD - MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs

Grade Last Price % Change Price Change
F 22.20 -2.76% -0.63
BNKD closed down 1.81 percent on Friday, May 3, 2024, on 40 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction -2.76%
Stochastic Reached Oversold Weakness -2.76%
Down 3 Days in a Row Weakness -2.76%
Gapped Down Weakness -2.76%
Oversold Stochastic Weakness -2.76%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -4.52%
Inside Day Range Contraction -4.52%
Gapped Down Weakness -4.52%
Oversold Stochastic Weakness -4.52%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -6.17%

   Recent Intraday Alerts

Alert Time
2x Volume Pace 2 minutes ago
1.5x Volume Pace 2 minutes ago
Down 3% 2 minutes ago
Fell Below Previous Day's Low 2 minutes ago
Down 2 % 2 minutes ago

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Profile

The investment seeks to provide a leveraged inverse return based on the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Banking Inverse Exchange Traded Fund Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF

Top 10 Components

Symbol Grade Price % Change Allocation
WFC B 1.38 10.00
USB C 0.89 10.00
TFC A 1.11 10.00
SCHW A 0.64 10.00
PNC A 0.58 10.00
MS A 1.19 10.00
JPM B 0.47 10.00
GS A 1.15 10.00
C A 1.40 10.00
BAC B 0.99 10.00

Is BNKD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 82.06
52 Week Low 22.375
Average Volume 82,816
200-Day Moving Average 43.18
50-Day Moving Average 25.74
20-Day Moving Average 24.52
10-Day Moving Average 23.25
Average True Range 1.21
RSI (14) 39.76
ADX 19.57
+DI 17.40
-DI 25.83
Chandelier Exit (Long, 3 ATRs) 24.41
Chandelier Exit (Short, 3 ATRs) 26.05
Upper Bollinger Bands 27.92
Lower Bollinger Band 21.12
Percent B (%b) 0.25
BandWidth 27.75
MACD Line -0.77
MACD Signal Line -0.71
MACD Histogram -0.0608
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.69
Resistance 3 (R3) 23.64 23.31 23.55
Resistance 2 (R2) 23.31 23.09 23.34 23.50
Resistance 1 (R1) 23.07 22.96 23.19 23.12 23.45
Pivot Point 22.74 22.74 22.80 22.76 22.74
Support 1 (S1) 22.50 22.52 22.62 22.54 22.21
Support 2 (S2) 22.17 22.39 22.19 22.16
Support 3 (S3) 21.93 22.17 22.11
Support 4 (S4) 21.97