DRX DLY FTSE CHINA BEAR 3X (YANG)

US25460E5217 - ETF

70.69  -1.31 (-1.82%)

After market: 70.4 -0.29 (-0.41%)

Technical Rating and Analysis

1

Taking everything into account, YANG scores 1 out of 10 in our technical rating. YANG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than YANG.
YANG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so YANG is lagging the market.
YANG has an average volume of 15251600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month YANG has a been trading in the 53.88 - 87.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
YANG Weekly chart
YANG Daily chart
Setup Rating and Analysis

3

The technical rating of YANG is bad and it also does not present a 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

58.77

142.52

2 important support areas can be observed.

  • Support @69.34 from a horizontal line in the weekly time frame.
  • Support @59.36 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 73.29 to 74.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @141.11 from a trend line in the daily 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
CRS2.45
Mansfield-6.45
10 Day High73.55
10 Day Low53.88
20 Day High87.03
20 Day Low53.88
52 Week High383.2
52 Week Low47.8
Performance
1 Week1.95%
2 Weeks-6.68%
1 Month-10.36%
3 Month-53.43%
6 Month-57.82%
12 Month-75.69%
2 Year-70.27%
3 Year-82.56%
5 Year-90.94%
10 Year-98.76%
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)0.18
RSI(14)46.49
LBB59.39
UBB82.52
YANG Daily chart

DRX DLY FTSE CHINA BEAR 3X

NYSEARCA:YANG (12/20/2024, 8:04:00 PM)

After market: 70.4 -0.29 (-0.41%)

70.69

-1.31 (-1.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.82%
1 Week1.95%
2 Weeks-6.68%
1 Month-10.36%
3 Month-53.43%
6 Month-57.82%
12 Month-75.69%
2 Year-70.27%
3 Year-82.56%
5 Year-90.94%
10 Year-98.76%
15 YearN/A
Volatility
ATR(14)4.82
ATR(20)%6.51%
ATR Inc-40.51%
Range Today2.91
ADR(20)2.43
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.45
Mansfield-6.45
10 Day High73.55
10 Day Low53.88
20 Day High87.03
20 Day Low53.88
52 Week High383.2
52 Week Low47.8
CS1 End69.34
CR1 Start73.29
Volume & EV
DER(3)0.95%
DER(5)-1.5%
Volume606.30K
Volume Incr-32.97%
Vol(5)715.56K
Vol(50)15.25M