Technical Analysis for LCOR - ETFS 2x Daily Long Corn ETC
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 2.23% | |
| Narrow Range Bar | Range Contraction | 2.23% | |
| Stochastic Reached Oversold | Weakness | 2.23% | |
| BB Squeeze + Lower Band Touch | Range Contraction | 2.23% | |
| Below Lower BB | Weakness | 2.23% | |
| Gapped Down | Weakness | 2.23% | |
| Lower Bollinger Band Touch | Weakness | 2.23% | |
| Oversold Stochastic | Weakness | 2.23% | |
| Bollinger Band Squeeze | Range Contraction | -0.52% |
| Alert | Time |
|---|---|
| Possible Pocket Pivot | 3 days ago |
| Possible Inside Day | 3 days ago |
| 3x Volume Pace | 3 days ago |
| 2x Volume Pace | 3 days ago |
| 1.5x Volume Pace | 3 days ago |
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ETFS 2x Daily Long Corn ETC Description
ETFS 2x Daily Long Corn (LCOR) is designed to enable investors to gain a 'leveraged' exposure to a total return investment in corn futures contracts by tracking the Bloomberg Corn 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). LCOR 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
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 4.13 |
| 52 Week Low | 1.5185 |
| Average Volume | 6,651 |
| 200-Day Moving Average | 2.23 |
| 50-Day Moving Average | 1.67 |
| 20-Day Moving Average | 1.66 |
| 10-Day Moving Average | 1.65 |
| Average True Range | 0.03 |
| RSI (14) | 44.44 |
| ADX | 13.8 |
| +DI | 31.37 |
| -DI | 34.21 |
| Chandelier Exit (Long, 3 ATRs) | 1.65 |
| Chandelier Exit (Short, 3 ATRs) | 1.68 |
| Upper Bollinger Bands | 1.73 |
| Lower Bollinger Band | 1.60 |
| Percent B (%b) | 0.27 |
| BandWidth | 7.81 |
| MACD Line | -0.02 |
| MACD Signal Line | -0.01 |
| MACD Histogram | -0.0034 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 1.68 | ||||
| Resistance 3 (R3) | 1.67 | 1.65 | 1.67 | ||
| Resistance 2 (R2) | 1.65 | 1.64 | 1.65 | 1.67 | |
| Resistance 1 (R1) | 1.64 | 1.63 | 1.65 | 1.65 | 1.66 |
| Pivot Point | 1.62 | 1.62 | 1.62 | 1.62 | 1.62 |
| Support 1 (S1) | 1.61 | 1.61 | 1.62 | 1.62 | 1.60 |
| Support 2 (S2) | 1.59 | 1.60 | 1.59 | 1.59 | |
| Support 3 (S3) | 1.58 | 1.59 | 1.59 | ||
| Support 4 (S4) | 1.58 |
