Technical Analysis for NRGD - MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN

Grade Last Price % Change Price Change
F 2.14 0.47% 0.01
NRGD closed down 0.93 percent on Monday, March 1, 2021, on 86 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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 EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical NRGD trend table...

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.47%
Narrow Range Bar Range Contraction 0.47%
NR7 Range Contraction 0.47%
Wide Bands Range Expansion 0.47%
Oversold Stochastic Weakness 0.47%
Pocket Pivot Bullish Swing Setup -0.47%
Wide Bands Range Expansion -0.47%
Gapped Up Strength -0.47%
Oversold Stochastic Weakness -0.47%
Narrow Range Bar Range Contraction 2.88%
Older End-of-Day Signals for NRGD ...

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

Alert Time
60 Minute Opening Range Breakout 36 minutes ago
Up 1% 36 minutes ago
2x Volume Pace about 2 hours ago
1.5x Volume Pace about 2 hours ago
Down 3% about 2 hours ago
View Earlier Intraday Alerts

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Profile

The investment seeks to reflect a 3x inverse leveraged exposure to the performance of the Solactive MicroSectorsTM U.S. Big Oil Index on a daily basis. 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. listed stocks with the largest market capitalization in the energy/oil sector.
Classification

Sector: Other
Industry: Other
Keywords: Exchange Traded Funds Inverse Exchange Traded Fund Debt Leverage Energy/Oil Sector

Top 10 Components

Symbol Grade Price % Change Allocation
MPC A -0.27 10.00
VLO A -0.78 10.00
PXD A -0.13 10.00
PSX B -1.24 10.00
OXY B 2.35 10.00
XOM A -0.28 10.00
HES B 0.00 10.00
EOG C -0.78 10.00
CVX A 0.50 10.00
COP B 0.27 10.00
View All NRGD Holdings

Is NRGD 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 304.72
52 Week Low 1.93
Average Volume 1,452,778
200-Day Moving Average 16.05
50-Day Moving Average 4.22
20-Day Moving Average 3.06
10-Day Moving Average 2.39
Average True Range 0.39
ADX 36.41
+DI 16.03
-DI 37.01
Chandelier Exit (Long, 3 ATRs ) 4.02
Chandelier Exit (Short, 3 ATRs ) 3.11
Upper Bollinger Band 4.74
Lower Bollinger Band 1.39
Percent B (%b) 0.22
BandWidth 109.49
MACD Line -0.73
MACD Signal Line -0.74
MACD Histogram 0.0025
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.35
Resistance 3 (R3) 2.34 2.26 2.31
Resistance 2 (R2) 2.26 2.20 2.26 2.30
Resistance 1 (R1) 2.19 2.17 2.23 2.20 2.29
Pivot Point 2.11 2.11 2.13 2.12 2.11
Support 1 (S1) 2.05 2.06 2.08 2.06 1.97
Support 2 (S2) 1.97 2.02 1.97 1.96
Support 3 (S3) 1.90 1.97 1.95
Support 4 (S4) 1.91