Technical Analysis for UUP - PowerShares DB USD Index Bullish

Grade Last Price % Change Price Change
A 30.07 0.50% 0.15
UUP closed up 0.5 percent on Wednesday, November 20, 2024, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Narrow Range Bar Range Contraction 0.50%
Inside Day Range Contraction 0.50%
Overbought Stochastic Strength 0.50%
Down 3 Days in a Row Weakness 0.50%
Upper Bollinger Band Walk Strength 0.47%
Multiple of Ten Bearish Other 0.47%
Overbought Stochastic Strength 0.47%

   Recent Intraday Alerts

Alert Time
Gapped Up (Full) about 21 hours ago
Rose Above Previous Day's High about 21 hours ago
Up 1 ATR about 21 hours ago
Possible Inside Day 1 day ago
2x Volume Pace 2 days ago

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Profile

PowerShares DB USD Index Bullish Description

The PowerShares DB US Dollar Bullish Fund (Symbol: UUP) seeks to track changes, whether positive or negative, in the level of the Deutsche Bank Long US Dollar Index (USDX®) Futures Index — Excess Return™ (DB Long USD Futures Index) plus the interest income from the Fund’s holdings of U.S. Treasury securities less the Fund’s expenses. DB Commodity Services LLC serves as the managing owner of the Fund. The Fund is designed for investors who want a cost effective and convenient way to track the value of the U.S. dollar relative to a basket of the six major world currencies — the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc (collectively, the "Basket Currencies"). The Index is a rules-based index composed solely of long U.S. Dollar Index futures contracts that trade on the ICE futures exchange (USDX® futures contracts). The USDX® futures contract is designed to replicate the performance of being long the U.S. dollar against the Basket Currencies. This Fund is not suitable for all investors due to the speculative nature of an investment based upon the Fund’s trading which takes place in very volatile markets. Because an investment in futures contracts is volatile, such frequency in the movement in market prices of the underlying futures contracts could cause large losses. Please see "Important Considerations" and the Prospectus for additional risk disclosures.


Classification

Keywords: Exchange Traded Fund ETF U.S. Treasury Invesco Powershares Futures Markets Bullish Managed Futures Account Japanese Yen Futures Exchange Swiss Franc Swedish Krona U.S. Dollar Index

Is UUP 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 30.13
52 Week Low 26.915
Average Volume 784,187
200-Day Moving Average 28.62
50-Day Moving Average 28.95
20-Day Moving Average 29.55
10-Day Moving Average 29.85
Average True Range 0.16
RSI (14) 69.79
ADX 42.09
+DI 46.46
-DI 15.69
Chandelier Exit (Long, 3 ATRs) 29.64
Chandelier Exit (Short, 3 ATRs) 29.55
Upper Bollinger Bands 30.25
Lower Bollinger Band 28.85
Percent B (%b) 0.87
BandWidth 4.74
MACD Line 0.31
MACD Signal Line 0.28
MACD Histogram 0.0277
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.18
Resistance 3 (R3) 30.18 30.15 30.16
Resistance 2 (R2) 30.15 30.12 30.15 30.15
Resistance 1 (R1) 30.11 30.11 30.13 30.11 30.15
Pivot Point 30.08 30.08 30.09 30.08 30.08
Support 1 (S1) 30.04 30.05 30.06 30.03 29.99
Support 2 (S2) 30.01 30.04 30.01 29.99
Support 3 (S3) 29.97 30.01 29.98
Support 4 (S4) 29.96