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

Grade Last Price % Change Price Change
F 4.57 -1.91% -0.09
BNKD closed up 2.87 percent on Thursday, April 25, 2024, on 1.19 times 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
Gapped Up Strength -1.91%
Oversold Stochastic Weakness -1.91%
MACD Bearish Signal Line Cross Bearish 0.91%
NR7 Range Contraction 0.91%
NR7-2 Range Contraction 0.91%
Stochastic Reached Oversold Weakness 0.91%
Gapped Up Strength 0.91%
Down 3 Days in a Row Weakness 0.91%
Down 4 Days in a Row Weakness 0.91%
Down 5 Days in a Row Weakness 0.91%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 3 hours ago
1.5x Volume Pace about 3 hours ago
Down 2 % about 3 hours ago
Down 1% about 4 hours ago
Possible Pocket Pivot 1 day 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 A 0.08 10.00
USB C 0.66 10.00
TFC A 1.09 10.00
SCHW A 0.08 10.00
PNC A 0.65 10.00
MS A 0.49 10.00
JPM B 0.38 10.00
GS A 1.85 10.00
C A 1.26 10.00
BAC A 0.26 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 17.33
52 Week Low 4.475
Average Volume 425,204
200-Day Moving Average 8.80
50-Day Moving Average 5.34
20-Day Moving Average 4.92
10-Day Moving Average 5.06
Average True Range 0.28
RSI (14) 39.76
ADX 22.3
+DI 20.36
-DI 32.35
Chandelier Exit (Long, 3 ATRs) 4.78
Chandelier Exit (Short, 3 ATRs) 5.30
Upper Bollinger Bands 5.59
Lower Bollinger Band 4.26
Percent B (%b) 0.3
BandWidth 26.99
MACD Line -0.14
MACD Signal Line -0.11
MACD Histogram -0.0286
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.06
Resistance 3 (R3) 5.06 4.92 4.99
Resistance 2 (R2) 4.92 4.82 4.92 4.97
Resistance 1 (R1) 4.79 4.76 4.86 4.79 4.95
Pivot Point 4.66 4.66 4.69 4.66 4.66
Support 1 (S1) 4.53 4.55 4.59 4.53 4.37
Support 2 (S2) 4.39 4.49 4.39 4.35
Support 3 (S3) 4.26 4.39 4.33
Support 4 (S4) 4.26