NASDAQ:BNDW - Nasdaq - US92206C5655 - ETF - Currency: USD
Taking everything into account, BNDW scores 6 out of 10 in our technical rating. Although BNDW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although the technical rating is only medium, BNDW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 68.85, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BNDW in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
66.74
We found 1 important support area.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
69.10 | 67.83 | 1.27 (1.84%) | 25.00% |
An entry @69.10. This is a Buy Stop order right above the 10 day high. | An exit @67.83. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.27 points, which is 1.84%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.46%. |
69.07
+0.1 (+0.14%)