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

Grade Last Price % Change Price Change
grade B 58.8024 9.71% 5.20
NRGZ closed up 9.71 percent on Tuesday, February 25, 2020, on 20 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Up Up
Historical NRGZ trend table...

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Crossed Above 50 DMA Bullish 9.71%
Narrow Range Bar Range Contraction 9.71%

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Profile

The investment seeks to reflect a 2x 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 two 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.
Exchange Traded Funds Debt Leverage Energy/Oil Sector

Is NRGZ 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 62.0371
52 Week Low 40.5676
Average Volume 502
200-Day Moving Average 0.00
50-Day Moving Average 50.76
20-Day Moving Average 46.81
10-Day Moving Average 48.74
Average True Range 2.47
ADX 19.2
+DI 63.07
-DI 33.16
Chandelier Exit (Long, 3 ATRs ) 51.40
Chandelier Exit (Short, 3 ATRs ) 47.97
Upper Bollinger Band 56.30
Lower Bollinger Band 37.32
Percent B (%b) 1.13
BandWidth 40.54
MACD Line 0.77
MACD Signal Line -0.91
MACD Histogram 1.6795
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 58.80
Resistance 3 (R3) 58.80 58.80 58.80
Resistance 2 (R2) 58.80 58.80 58.80 58.80
Resistance 1 (R1) 58.80 58.80 58.80 58.80 58.80
Pivot Point 58.80 58.80 58.80 58.80 58.80
Support 1 (S1) 58.80 58.80 58.80 58.80 58.80
Support 2 (S2) 58.80 58.80 58.80 58.80
Support 3 (S3) 58.80 58.80 58.80
Support 4 (S4) 58.80