Technical Analysis for USMC - Principal U.S. Mega-Cap Multi-Factor Index ETF

Grade Last Price % Change Price Change
grade A 29.0 0.35% 0.10
USMC closed up 0.35 percent on Wednesday, June 19, 2019, on 28 percent of normal volume. The bulls were able to push the stock to a new 52-week high. 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 Up Up Up
See historical USMC trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 0.35%
Pocket Pivot Bullish Swing Setup 0.35%
New 52 Week High Strength 0.35%
Gapped Up Strength 0.35%
Overbought Stochastic Strength 0.35%
Narrow Range Bar Range Contraction 1.19%
NR7 Range Contraction 1.19%

Older signals for USMC ...

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Profile
The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Mega Cap Select Leaders Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities of companies with the largest market capitalizations in the Nasdaq US 500 Large Cap Index (the "parent index"), with higher weights given to securities that are less volatile.
Index Net Asset Value Nasdaq Financial Market Market Capitalization
Is USMC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 29.0
52 Week Low 23.78
Average Volume 32,383
200-Day Moving Average 27.3629
50-Day Moving Average 28.2961
20-Day Moving Average 28.1736
10-Day Moving Average 28.624
Average True Range 0.2498
ADX 19.39
+DI 37.0454
-DI 20.2981
Chandelier Exit (Long, 3 ATRs ) 28.2506
Chandelier Exit (Short, 3 ATRs ) 27.8783
Upper Bollinger Band 29.2182
Lower Bollinger Band 27.129
Percent B (%b) 0.9
BandWidth 7.415453
MACD Line 0.2033
MACD Signal Line 0.0894
MACD Histogram 0.114
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.20
Resistance 3 (R3) 29.18 29.09 29.17
Resistance 2 (R2) 29.09 29.04 29.10 29.16
Resistance 1 (R1) 29.05 29.01 29.07 29.07 29.15
Pivot Point 28.96 28.96 28.97 28.97 28.96
Support 1 (S1) 28.91 28.90 28.93 28.93 28.85
Support 2 (S2) 28.82 28.87 28.83 28.84
Support 3 (S3) 28.78 28.82 28.83
Support 4 (S4) 28.80