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WT COPPER 2X DAILY LEVERAGED (LCOP.MI) Stock Technical Analysis

BIT:LCOP - Euronext Milan - JE00B2NFTF36 - ETF - Currency: EUR

9.557  +0.69 (+7.77%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to LCOP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LCOP is showing a nice and steady performance.

Warning: LCOP has an average volume of 14143 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that LCOP is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, LCOP also shows a nice and consistent pattern of rising prices.
LCOP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month LCOP has a been trading in the 7.84 - 10.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WT COPPER 2X DAILY LEVERAGED / LCOP Weekly stock chart
WT COPPER 2X DAILY LEVERAGED / LCOP Daily stock chart
Setup Rating and Analysis

5

LCOP has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

6.46

10.93

We found 6 important support areas.

  • Support @9.52 from a trend line in the daily time frame.
  • Support @9.02 from a trend line in the daily time frame.
  • A support zone ranging from 8.83 to 8.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 7.27 to 7.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 7.05 to 7.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @6.53 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @9.57 from a horizontal line in the weekly time frame.
  • Resistance @9.76 from a horizontal line in the daily time frame.
  • Resistance @10.82 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.56
Mansfield0.7
10 Day High10.15
10 Day Low8.76
20 Day High10.15
20 Day Low7.84
52 Week High11.95
52 Week Low6.14
Performance
1 Week4.61%
2 Weeks3.6%
1 Month19.43%
3 Month17.19%
6 Month8.01%
12 Month52.84%
2 Year19%
3 Year-17.84%
5 Year233.35%
10 YearN/A
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)0.01
RSI(14)61.74
LBB8.33
UBB9.91
WT COPPER 2X DAILY LEVERAGED / LCOP Daily stock chart

WT COPPER 2X DAILY LEVERAGED

BIT:LCOP (3/5/2025, 7:00:00 PM)

9.557

+0.69 (+7.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.77%
1 Week4.61%
2 Weeks3.6%
1 Month19.43%
3 Month17.19%
6 Month8.01%
12 Month52.84%
2 Year19%
3 Year-17.84%
5 Year233.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%4.34%
ATR Inc16.46%
Range Today0.29
ADR(20)0.31
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.56
Mansfield0.7
10 Day High10.15
10 Day Low8.76
20 Day High10.15
20 Day Low7.84
52 Week High11.95
52 Week Low6.14
CS1 End9.52
CR1 Start9.57
Volume & EV
DER(3)0%
DER(5)0%
Volume45.70K
Volume Incr-21.97%
Vol(5)14.35K
Vol(50)14.14K