Technical Analysis for WEEL - Peerless Option Income Wheel ETF

Grade Last Price % Change Price Change
A 20.60 -0.23% -0.05
WEEL closed up 0.64 percent on Friday, September 13, 2024, on 33 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) -- so don't be surprised if it goes sideways or a pulls back.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Up Up

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish -0.23%
New 52 Week Closing High Bullish -0.23%
New 52 Week High Strength -0.23%
Stochastic Reached Overbought Strength -0.23%
Gapped Up Strength -0.23%
Overbought Stochastic Strength -0.23%
Up 3 Days in a Row Strength -0.23%
Up 4 Days in a Row Strength -0.23%
Up 3 Days in a Row Strength 0.41%
Crossed Above 20 DMA Bullish 0.91%

   Recent Intraday Alerts

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The fund is an actively managed ETF that seeks current income. The fund"s strategy consists of two main components: firstly, investing in a range of sector-specific ETFs and, in some instances, individual securities; and secondly, implementing an option wheel strategy. The fund will primarily invest in different market sectors using sector ETFs. The fund is non-diversified.
Classification

Keywords: Exchange Traded Funds Betashares

Top 10 Components

Symbol Grade Price % Change Allocation
QQQ C -0.46 9.29
SMH D -1.47 4.38
KWEB F 0.37 4.09
OIH F 1.75 3.14

Is WEEL 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 20.66
52 Week Low 19.5695
Average Volume 5,413
200-Day Moving Average 0.00
50-Day Moving Average 20.31
20-Day Moving Average 20.41
10-Day Moving Average 20.36
Average True Range 0.14
RSI (14) 60.94
ADX 15.33
+DI 40.57
-DI 27.12
Chandelier Exit (Long, 3 ATRs) 20.25
Chandelier Exit (Short, 3 ATRs) 20.49
Upper Bollinger Bands 20.68
Lower Bollinger Band 20.14
Percent B (%b) 0.93
BandWidth 2.67
MACD Line 0.05
MACD Signal Line 0.03
MACD Histogram 0.015
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.77
Resistance 3 (R3) 20.76 20.71 20.75
Resistance 2 (R2) 20.71 20.68 20.71 20.74
Resistance 1 (R1) 20.68 20.66 20.69 20.69 20.73
Pivot Point 20.63 20.63 20.64 20.63 20.63
Support 1 (S1) 20.60 20.60 20.61 20.61 20.56
Support 2 (S2) 20.55 20.58 20.55 20.55
Support 3 (S3) 20.52 20.55 20.55
Support 4 (S4) 20.53