Technical Analysis for LCOP - ETFS 2x Daily Long Copper ETC
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Bearish Engulfing | Bearish | -2.93% | |
| Overbought Stochastic | Strength | -2.93% | |
| New 52 Week Closing High | Bullish | -3.86% | |
| New 52 Week High | Strength | -3.86% | |
| Gapped Up | Strength | -3.86% | |
| Overbought Stochastic | Strength | -3.86% | |
| Up 3 Days in a Row | Strength | -3.86% | |
| Upper Bollinger Band Touch | Strength | -3.86% | |
| New 52 Week Closing High | Bullish | -1.52% | |
| NR7 | Range Contraction | -1.52% |
| Alert | Time |
|---|---|
| 5x Volume Pace | about 1 hour ago |
| 3x Volume Pace | about 1 hour ago |
| 2x Volume Pace | about 1 hour ago |
| 1.5x Volume Pace | about 1 hour ago |
| 10x Volume Pace | about 1 hour ago |
Free Daily (Stock) Chart Reading
ETFS 2x Daily Long Copper ETC Description
ETFS 2x Daily Long Copper (LCOP) is designed to enable investors to gain a 'leveraged' exposure to a total return investment in copper futures contracts by tracking the Bloomberg Copper 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). LCOP 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 Swaps Bloomberg Commodity Boost Etp Leverage Copper
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 9.99 |
| 52 Week Low | 6.4 |
| Average Volume | 5,054 |
| 200-Day Moving Average | 7.41 |
| 50-Day Moving Average | 8.00 |
| 20-Day Moving Average | 8.81 |
| 10-Day Moving Average | 9.31 |
| Average True Range | 0.21 |
| RSI (14) | 76.13 |
| ADX | 42.01 |
| +DI | 57.82 |
| -DI | 13.41 |
| Chandelier Exit (Long, 3 ATRs) | 9.37 |
| Chandelier Exit (Short, 3 ATRs) | 8.46 |
| Upper Bollinger Bands | 10.08 |
| Lower Bollinger Band | 7.53 |
| Percent B (%b) | 0.9 |
| BandWidth | 29.02 |
| MACD Line | 0.49 |
| MACD Signal Line | 0.41 |
| MACD Histogram | 0.0803 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 9.98 | ||||
| Resistance 3 (R3) | 9.99 | 9.95 | 9.95 | ||
| Resistance 2 (R2) | 9.95 | 9.91 | 9.95 | 9.94 | |
| Resistance 1 (R1) | 9.88 | 9.88 | 9.86 | 9.87 | 9.93 |
| Pivot Point | 9.84 | 9.84 | 9.83 | 9.84 | 9.84 |
| Support 1 (S1) | 9.77 | 9.80 | 9.75 | 9.76 | 9.70 |
| Support 2 (S2) | 9.73 | 9.77 | 9.73 | 9.69 | |
| Support 3 (S3) | 9.66 | 9.73 | 9.68 | ||
| Support 4 (S4) | 9.65 |
