Technical Analysis for TAGS - Teucrium Agricultural Fund ETV

Grade Last Price % Change Price Change
F 27.60 1.68% 0.46
TAGS closed up 1.68 percent on Monday, April 22, 2024, on 1.46 times normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup 1.68%
Stochastic Buy Signal Bullish 1.68%
Narrow Range Bar Range Contraction 1.68%
Lower Bollinger Band Walk Weakness 1.68%
Gapped Up Strength 1.68%
Oversold Stochastic Weakness 1.68%
New 52 Week Closing Low Bearish 2.87%

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Teucrium Agricultural Fund ETV Description

The Teucrium Agricultural Fund (NYSE: TAGS) provides investors exposure to four core agricultural commodities, namely, corn, wheat, soybeans, and sugar, without the need for a futures account. TAGS invests directly in shares of the following four Teucrium Funds: Teucrium Corn Fund, Teucrium Soybean Fund, Teucrium Sugar Fund and Teucrium Wheat Fund (the “Underlying Funds”). The Underlying Funds were designed to reduce the effects of backwardation and contango. The investment objective of the Fund is to have the daily changes in percentage terms of the Shares’ NAV reflect the daily changes in percentage terms of a weighted average (the “Underlying Fund Average”) of the NAVs per share of the Underlying Funds. The Fund seeks to achieve its investment objective by investing under normal market conditions in the publicly-traded shares of each Underlying Fund so that the Underlying Fund Average will have a weighting of 25% to each Underlying Fund, and the Fund’s assets will be rebalanced, generally on a daily basis, to maintain the approximate 25% allocation to each Underlying Fund.


Classification

Keywords: Exchange Traded Fund ETF Wheat Soybean Commodity Price Indices Contango Underlying Fund

Top 10 Components

Symbol Grade Price % Change Allocation
CORN B -0.10 25.35
SOYB D 0.04 25.04
WEAT B -0.16 24.91
CANE F -0.25 24.68

Is TAGS 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 33.975
52 Week Low 26.83
Average Volume 2,910
200-Day Moving Average 29.84
50-Day Moving Average 27.76
20-Day Moving Average 27.73
10-Day Moving Average 27.33
Average True Range 0.28
RSI (14) 49.24
ADX 22.45
+DI 29.92
-DI 32.35
Chandelier Exit (Long, 3 ATRs) 27.53
Chandelier Exit (Short, 3 ATRs) 27.66
Upper Bollinger Bands 28.66
Lower Bollinger Band 26.79
Percent B (%b) 0.43
BandWidth 6.75
MACD Line -0.22
MACD Signal Line -0.16
MACD Histogram -0.0577
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.96
Resistance 3 (R3) 27.94 27.81 27.90
Resistance 2 (R2) 27.81 27.71 27.82 27.88
Resistance 1 (R1) 27.70 27.66 27.76 27.72 27.86
Pivot Point 27.57 27.57 27.59 27.58 27.57
Support 1 (S1) 27.46 27.47 27.52 27.48 27.34
Support 2 (S2) 27.33 27.42 27.34 27.32
Support 3 (S3) 27.22 27.33 27.30
Support 4 (S4) 27.24