Technical Analysis for SOVB - Cambria Sovereign High Yield Bond ETF

Grade Last Price % Change Price Change
grade B 25.38 -0.68% -0.18
SOVB closed down 0.68 percent on Wednesday, August 14, 2019, on 12 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 Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Down Down
See historical SOVB trend table...

Date Alert Name Type % Chg
180 Bearish Setup Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish -0.68%

Older signals for SOVB ...

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Profile
The investment seeks income and capital appreciation from investments in securities and instruments that provide exposure to sovereign and quasi-sovereign bonds. Under normal market conditions, at least 80% of the value of the fund's net assets (plus borrowings for investment purposes) will be invested in sovereign and quasi-sovereign high yield bonds (commonly known as "junk bonds"). The fund may invest up to 20% of its net assets in ETPs, including ETFs and ETNs, which invest in or provide exposure to sovereign and quasi-sovereign bonds, money market instruments or other high quality debt securities, cash or cash equivalents. The fund is non-diversified.
Exchange Traded Fund Bond United States Housing Bubble Bond Market High Yield Debt Exchange Traded Note
Is SOVB a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 2 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 26.75
52 Week Low 22.73
Average Volume 7,656
200-Day Moving Average 25.2266
50-Day Moving Average 25.8208
20-Day Moving Average 26.032
10-Day Moving Average 25.7965
Average True Range 0.1816
ADX 26.63
+DI 18.9467
-DI 49.882
Chandelier Exit (Long, 3 ATRs ) 26.0379
Chandelier Exit (Short, 3 ATRs ) 25.9248
Upper Bollinger Band 26.6253
Lower Bollinger Band 25.4387
Percent B (%b) -0.05
BandWidth 4.558236
MACD Line -0.0953
MACD Signal Line 0.0033
MACD Histogram -0.0986
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.44
Resistance 3 (R3) 25.45 25.43 25.43
Resistance 2 (R2) 25.43 25.42 25.43 25.43
Resistance 1 (R1) 25.41 25.41 25.40 25.40 25.42
Pivot Point 25.39 25.39 25.39 25.39 25.39
Support 1 (S1) 25.37 25.38 25.36 25.36 25.34
Support 2 (S2) 25.35 25.37 25.35 25.33
Support 3 (S3) 25.33 25.35 25.33
Support 4 (S4) 25.32