Technical Analysis for NRGO - MicroSectors U.S. Big Oil Index 2X Leveraged ETN

Grade Last Price % Change Price Change
grade D 38.4076 -5.11% -2.07
NRGO closed down 5.11 percent on Wednesday, August 14, 2019, on 70 percent of normal volume. The bears made the stock sink to a new 52-week low. 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 Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent N/A N/A Down
See historical NRGO trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Hot IPO Pullback Bullish Swing Setup 0.00%
New 52 Week Low Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
New 52 Week Closing Low Bearish -5.11%
Hot IPO Pullback Bullish Swing Setup -5.11%
New 52 Week Low Weakness -5.11%

Older signals for NRGO ...

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Basic chart:
Profile
The investment seeks to reflect a 2x leveraged long 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 two times leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge 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.
Exchange Traded Funds Debt Leverage Energy/Oil Sector
Is NRGO 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, 1 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 54.04
52 Week Low 38.4076
Average Volume 284
200-Day Moving Average 0.0
50-Day Moving Average 0.0
20-Day Moving Average 0.0
10-Day Moving Average 44.4218
Average True Range 2.7126
ADX 0.0
+DI 32.3061
-DI 61.94
Chandelier Exit (Long, 3 ATRs ) N/A
Chandelier Exit (Short, 3 ATRs ) N/A
Upper Bollinger Band 0.0
Lower Bollinger Band 0.0
Percent B (%b) 0.0
BandWidth 0.0
MACD Line -1.3839
MACD Signal Line -0.4577
MACD Histogram -0.9262
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.45
Resistance 3 (R3) 40.68 40.22 40.11
Resistance 2 (R2) 40.22 39.70 40.11 40.00
Resistance 1 (R1) 39.32 39.38 39.09 39.09 39.88
Pivot Point 38.86 38.86 38.75 38.75 38.86
Support 1 (S1) 37.95 38.34 37.73 37.73 36.93
Support 2 (S2) 37.50 38.02 37.39 36.82
Support 3 (S3) 36.59 37.50 36.70
Support 4 (S4) 36.36