Technical Analysis for CANE - Teucrium Sugar Fund ETV

Grade Last Price % Change Price Change
B 8.19 2.89% 0.23
CANE closed up 2.89 percent on Monday, June 21, 2021, on 89 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical CANE trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Strong but Oversold Other 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Reached Oversold Weakness 2.89%
Oversold Stochastic Weakness 2.89%
Fell Below 50 DMA Bearish 1.87%
Gapped Down Weakness 1.87%
Older End-of-Day Signals for CANE ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
20 DMA Resistance about 9 hours ago
Up 3% about 11 hours ago
60 Minute Opening Range Breakout about 11 hours ago
Rose Above Previous Day's High about 11 hours ago
Rose Above 50 DMA about 11 hours ago
View Earlier Intraday Alerts

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Profile

The investment seeks to replicate, net of expenses, the performance of ICE Sugar Futures Contracts. The fund seeks to have the daily changes in percentage terms of the shares' net asset value (NAV) reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for sugar that are traded on ICE Futures US, specifically: (1) the second-to-expire Sugar No. 11 Futures Contract, weighted 35%, (2) the third-to-expire Sugar No. 11 Futures Contract, weighted 30%, and (3) the Sugar No. 11 Futures Contract expiring in the March following the expiration month of the third-to-expire contract, weighted 35%.
Classification

Keywords: Exchange Traded Fund ETF Commodity Markets Expiration Futures Exchanges Futures Interest Rate Future Intercontinental Exchange

Is CANE 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 8.53
52 Week Low 5.53
Average Volume 87,561
200-Day Moving Average 7.04
50-Day Moving Average 8.12
20-Day Moving Average 8.26
10-Day Moving Average 8.26
Average True Range 0.16
ADX 20.73
+DI 27.64
-DI 26.20
Chandelier Exit (Long, 3 ATRs) 7.99
Chandelier Exit (Short, 3 ATRs) 8.45
Upper Bollinger Bands 8.55
Lower Bollinger Band 7.96
Percent B (%b) 0.39
BandWidth 7.07
MACD Line 0.01
MACD Signal Line 0.06
MACD Histogram -0.0471
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.64
Resistance 3 (R3) 8.61 8.44 8.57
Resistance 2 (R2) 8.44 8.32 8.45 8.54
Resistance 1 (R1) 8.31 8.25 8.38 8.34 8.51
Pivot Point 8.14 8.14 8.17 8.15 8.14
Support 1 (S1) 8.01 8.02 8.08 8.04 7.87
Support 2 (S2) 7.84 7.95 7.85 7.84
Support 3 (S3) 7.71 7.84 7.82
Support 4 (S4) 7.74