Technical Analysis for BDCL - 2xLeveraged Long Exchange Traded Access Securities (E-TRACS) Linked to the Wells Fargo Business Development Company Index due May 24, 2041

Grade Last Price % Change Price Change
grade F 13.26 -1.34% -0.18
BDCL closed down 3.02 percent on Friday, December 14, 2018, on 1.21 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical BDCL trend table...

Date Alert Name Type % Chg
Dec 14 New 52 Week Closing Low Bearish 3.11%
Dec 14 Lower Bollinger Band Walk Weakness 3.11%
Dec 14 New 52 Week Low Weakness 3.11%
Dec 13 New 52 Week Closing Low Bearish 0.00%
Dec 13 New Downtrend Bearish 0.00%
Dec 13 Lower Bollinger Band Walk Weakness 0.00%
Dec 13 Lower Bollinger Band Touch Weakness 0.00%
Dec 13 Oversold Stochastic Weakness 0.00%
Dec 12 NR7 Range Contraction -1.34%
Dec 12 Oversold Stochastic Weakness -1.34%

Older signals for BDCL ...

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Basic chart:
Profile
The ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index is designed to track a leveraged investment in the Wells Fargo Business Development Company Index (the "Index"), and pay a variable quarterly coupon linked to the leveraged cash distributions associated with the underlying Business Development Company ("BDC") constituents, less financing costs and investor fees.
Is BDCL a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.94
52 Week Low 12.85
Average Volume 142,224
200-Day Moving Average 15.1252
50-Day Moving Average 14.1393
20-Day Moving Average 13.8113
10-Day Moving Average 13.606
Average True Range 0.3574
ADX 27.41
+DI 13.2635
-DI 38.277
Chandelier Exit (Long, 3 ATRs ) 13.4278
Chandelier Exit (Short, 3 ATRs ) 13.9222
Upper Bollinger Band 14.5776
Lower Bollinger Band 13.045
Percent B (%b) -0.12
BandWidth 11.096711
MACD Line -0.2957
MACD Signal Line -0.21
MACD Histogram -0.0857
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.52
Resistance 3 (R3) 13.59 13.44 13.41
Resistance 2 (R2) 13.44 13.27 13.41 13.37
Resistance 1 (R1) 13.15 13.17 13.08 13.08 13.34
Pivot Point 13.00 13.00 12.96 12.97 13.00
Support 1 (S1) 12.71 12.83 12.64 12.64 12.38
Support 2 (S2) 12.56 12.73 12.53 12.35
Support 3 (S3) 12.27 12.56 12.31
Support 4 (S4) 12.20