Logo image of UWTI

VelocityShares 3x Long Crude ETN (UWTI) Stock Technical Analysis

NYSEARCA:UWTI - NYSE Arca -

24.62  +1.37 (+5.89%)

After market: 24.61 -0.01 (-0.04%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to UWTI. In the past year, UWTI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, UWTI is a bad performer in the overall market: 84% of all stocks are doing better.
In the last month UWTI has a been trading in the 15.65 - 26.85 range, which is quite wide. It is currently trading near the high of this range.
UWTI has an average volume of 22250700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
UWTI 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.
Weekly and Daily overview Charts
VelocityShares 3x Long Crude ETN / UWTI Weekly stock chart
VelocityShares 3x Long Crude ETN / UWTI Daily stock chart
Setup Rating and Analysis

3

UWTI has an average technical rating and it also 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.

Support and Resistance Analysis

16.73

27.98

We found 3 important support areas.

  • A support zone ranging from 23.25 to 23.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @18.55 from a trend line in the daily time frame.
  • A support zone ranging from 16.90 to 17.00. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 25.20 to 25.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @25.72 from a horizontal line in the daily time frame.
  • Resistance @27.16 from a trend line in the weekly time frame.
  • Resistance @27.70 from a horizontal 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
CRS16.12
Mansfield-1.14
10 Day High26.85
10 Day Low17.35
20 Day High26.85
20 Day Low15.65
52 Week High47.9
52 Week Low11.7
Performance
1 Week-0.61%
2 Weeks14.3%
1 Month25.48%
3 Month8.89%
6 Month-31.99%
12 Month-40.1%
2 YearN/A
3 YearN/A
5 YearN/A
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)0.62
RSI(14)56.91
LBB17.55
UBB27.04
VelocityShares 3x Long Crude ETN / UWTI Daily stock chart

VelocityShares 3x Long Crude ETN

NYSEARCA:UWTI (12/8/2016, 8:20:41 PM)

After market: 24.61 -0.01 (-0.04%)

24.62

+1.37 (+5.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.89%
1 Week-0.61%
2 Weeks14.3%
1 Month25.48%
3 Month8.89%
6 Month-31.99%
12 Month-40.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.15
ATR(20)%8.39%
ATR Inc-32.2%
Range Today1.53
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.12
Mansfield-1.14
10 Day High26.85
10 Day Low17.35
20 Day High26.85
20 Day Low15.65
52 Week High47.9
52 Week Low11.7
CS1 End23.27
CR1 Start25.2
Volume & EV
DER(3)3.79%
DER(5)2.99%
Volume19.40M
Volume Incr-16.89%
Vol(5)22.10M
Vol(50)22.25M