Technical Analysis for UGLD - VelocityShares 3x Long Gold ETN linked to the S&P GSC Gold Index

Grade Last Price % Change Price Change
grade D 170.06 -6.31% -11.45
UGLD closed down 6.31 percent on Friday, June 5, 2020, on 1.44 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical UGLD trend table...

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Doji - Bullish? Reversal 0.00%
Multiple of Ten Bullish Other 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
50 DMA Resistance Bearish -6.31%
Multiple of Ten Bullish Other -6.31%
Fell Below 50 DMA Bearish -2.66%

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Basic chart:

Profile

The investment seeks to replicate, net of expenses, three times the S&P GSCI Gold index ER. The index comprises futures contracts on a single commodity. The fluctuations in the values of it are intended generally to correlate with changes in the price of gold in global markets.
Exchange Traded Fund ETF Leveraged ETF Ultra ETF Commodity Price Indices Commodity S&P Gsci Standard & Poor's Commodity Index Commodity Index Fund S&P Gsci Crude Oil Er Index

Is UGLD 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 210.21
52 Week Low 99.98
Average Volume 184,341
200-Day Moving Average 153.92
50-Day Moving Average 183.05
20-Day Moving Average 185.97
10-Day Moving Average 183.53
Average True Range 9.11
ADX 14.71
+DI 19.39
-DI 37.52
Chandelier Exit (Long, 3 ATRs ) 171.17
Chandelier Exit (Short, 3 ATRs ) 192.83
Upper Bollinger Band 199.52
Lower Bollinger Band 172.42
Percent B (%b) -0.09
BandWidth 14.57
MACD Line -1.16
MACD Signal Line 0.99
MACD Histogram -2.1467
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 177.80
Resistance 3 (R3) 177.14 173.90 176.51
Resistance 2 (R2) 173.90 171.93 174.23 176.08
Resistance 1 (R1) 171.98 170.71 170.36 172.64 175.65
Pivot Point 168.74 168.74 167.93 169.07 168.74
Support 1 (S1) 166.82 166.77 165.20 167.48 164.47
Support 2 (S2) 163.58 165.55 163.91 164.04
Support 3 (S3) 161.66 163.58 163.61
Support 4 (S4) 162.32