DRX DLY FTSE EUROPE BULL 3X (EURL) Stock Technical Analysis
NYSEARCA:EURL - NYSE Arca - US25459Y2809 - ETF - Currency: USD
Overall EURL gets a technical rating of 9 out of 10. Both in the recent history as in the last year, EURL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by EURL, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so EURL is leading the market.
In the last month EURL has a been trading in the 24.35 - 30.57 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that EURL is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although EURL has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.66
30.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.70 to 28.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.44 to 26.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.87 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.85
Mansfield1.6
10 Day High30.57
10 Day Low26.05
20 Day High30.57
20 Day Low24.35
52 Week High30.57
52 Week Low19.41
Performance
1 Week13.45%
2 Weeks14.8%
1 Month21.38%
3 Month28.37%
6 Month17.36%
12 Month19.44%
2 Year42.78%
3 Year12.4%
5 Year188.39%
10 Year-4.38%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.22
RSI(14)70.49
LBB25.18
UBB30.4
30.54
+1.28 (+4.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.37%
1 Week13.45%
2 Weeks14.8%
1 Month21.38%
3 Month28.37%
6 Month17.36%
12 Month19.44%
2 Year42.78%
3 Year12.4%
5 Year188.39%
10 Year-4.38%
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%3.55%
ATR Inc10.77%
Range Today1.07
ADR(20)0.85
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.85
Mansfield1.6
10 Day High30.57
10 Day Low26.05
20 Day High30.57
20 Day Low24.35
52 Week High30.57
52 Week Low19.41
CS1 End28.14
CR1 StartN/A
Volume & EV
DER(3)-0.24%
DER(5)-0.99%
Volume109.40K
Volume Incr97.42%
Vol(5)132.58K
Vol(50)51.38K