Technical Analysis for RYLD - Global X Russell 2000 Covered Call ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 16.21 | 0.70% | 0.11 |
RYLD closed up 0.7 percent on Monday, April 22, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. 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.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Flat | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 200 DMA | Bullish | 0.00% | |
| Stochastic Buy Signal | Bullish | 0.00% | |
| Cup with Handle | Other | 0.00% | |
| NR7 | Range Contraction | 0.00% | |
| Lower Bollinger Band Walk | Weakness | 0.00% | |
| Strong but Oversold | Other | 0.00% | |
| Strong, Oversold and Reversal Signs | Reversal | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| 200 DMA Resistance | Bearish | 0.70% |
| Alert | Time |
|---|---|
| Possible NR7 | about 12 hours ago |
| 60 Minute Opening Range Breakout | about 14 hours ago |
| Gapped Down (Full) | about 17 hours ago |
| Fell Below Lower Bollinger Band | about 17 hours ago |
| Fell Below Previous Day's Low | about 17 hours ago |
Get a Trading Assistant
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Cboe Russell 2000 BuyWrite Index.
The fund invests at least 80% of its total assets in component securities of the index or in investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the Russell 2000 Index, and "writes" a succession of one-month at-the-money covered call options on the reference index.
Keywords: Exchange Traded Fund ETF Covered Call Russell 2000 Index
Classification
Keywords: Exchange Traded Fund ETF Covered Call Russell 2000 Index
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 16.8292 |
| 52 Week Low | 15.0764 |
| Average Volume | 707,797 |
| 200-Day Moving Average | 16.15 |
| 50-Day Moving Average | 16.34 |
| 20-Day Moving Average | 16.51 |
| 10-Day Moving Average | 16.36 |
| Average True Range | 0.16 |
| RSI (14) | 40.83 |
| ADX | 23.96 |
| +DI | 11.54 |
| -DI | 25.68 |
| Chandelier Exit (Long, 3 ATRs) | 16.27 |
| Chandelier Exit (Short, 3 ATRs) | 16.49 |
| Upper Bollinger Bands | 16.97 |
| Lower Bollinger Band | 16.06 |
| Percent B (%b) | 0.17 |
| BandWidth | 5.52 |
| MACD Line | -0.07 |
| MACD Signal Line | 0.01 |
| MACD Histogram | -0.0733 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 16.40 | ||||
| Resistance 3 (R3) | 16.39 | 16.32 | 16.37 | ||
| Resistance 2 (R2) | 16.32 | 16.27 | 16.32 | 16.36 | |
| Resistance 1 (R1) | 16.26 | 16.24 | 16.29 | 16.27 | 16.35 |
| Pivot Point | 16.19 | 16.19 | 16.21 | 16.20 | 16.19 |
| Support 1 (S1) | 16.14 | 16.14 | 16.17 | 16.15 | 16.07 |
| Support 2 (S2) | 16.07 | 16.11 | 16.07 | 16.06 | |
| Support 3 (S3) | 16.01 | 16.07 | 16.05 | ||
| Support 4 (S4) | 16.02 |
