Technical Analysis for LBRT - ETFS 2x Daily Long Brent Crude ETC

Grade Last Price % Change Price Change
B 68.73 -1.39% -0.97
LBRT closed up 1.24 percent on Wednesday, April 24, 2024, on 4 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Multiple of Ten Bearish Other -1.39%
Gapped Up Strength -1.39%
Oversold Stochastic Weakness -1.39%
New Uptrend Bullish -0.17%
Gapped Up Strength -0.17%
Oversold Stochastic Weakness -0.17%
New Downtrend Bearish 1.44%
Stochastic Reached Oversold Weakness 1.44%
Down 3 Days in a Row Weakness 1.44%
Down 4 Days in a Row Weakness 1.44%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 2 hours ago
Down 1% about 2 hours ago
Possible Inside Day about 3 hours ago
Possible NR7 about 3 hours ago
Possible NR7 1 day ago

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ETFS 2x Daily Long Brent Crude ETC Description

ETFS 2x Daily Long Brent Crude (LBRT) is designed to enable investors to gain a 'leveraged' exposure to a total return investment in Brent crude oil futures contracts by tracking the Bloomberg Brent Crude Subindex (the "Index") and providing a collateral yield. A daily leveraged exposure means that the product is designed to reflect 200% of the daily percentage change in the Index level. For example, if the Index was to decrease in value by 5% on a particular day, the product is designed to decrease in value by 10% on that day (minus fees and expenses). LBRT is an exchange traded commodity ("ETC"). It is not a UCITS product. Securities in this ETC are structured as debt securities and not as shares (equity) and can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. The ETC is backed by swaps.


Classification

Keywords: Exchange Traded Funds ETF Oil Swaps Bloomberg Commodity Boost Etp Leverage Crude Oil Brent Crude Crude Oil Futures Contracts Oil Futures Contracts

Is LBRT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 76.3
52 Week Low 43.52
Average Volume 10,026
200-Day Moving Average 61.97
50-Day Moving Average 65.20
20-Day Moving Average 70.50
10-Day Moving Average 70.70
Average True Range 2.10
RSI (14) 53.05
ADX 25.4
+DI 36.87
-DI 28.85
Chandelier Exit (Long, 3 ATRs) 69.38
Chandelier Exit (Short, 3 ATRs) 71.05
Upper Bollinger Bands 75.75
Lower Bollinger Band 65.25
Percent B (%b) 0.42
BandWidth 14.89
MACD Line 1.19
MACD Signal Line 1.95
MACD Histogram -0.7653
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 71.35
Resistance 3 (R3) 71.35 70.80 71.08
Resistance 2 (R2) 70.80 70.38 70.80 70.98
Resistance 1 (R1) 70.25 70.12 69.98 70.25 70.89
Pivot Point 69.70 69.70 69.56 69.70 69.70
Support 1 (S1) 69.15 69.28 68.88 69.15 68.51
Support 2 (S2) 68.60 69.02 68.60 68.42
Support 3 (S3) 68.05 68.60 68.33
Support 4 (S4) 68.05