NYSEARCA:UUP - NYSE Arca - US46141D2036 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to UUP. UUP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, UUP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 27.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UUP in the last couple of days, which is a good sign.
26.77
When analyzing the support we notice one important area.
4 important resistance areas can be observed.
27.39
+0.07 (+0.26%)