Technical Analysis for LJP3 - ETFS 3x Long JPY Short USD ETC

Grade Last Price % Change Price Change
F 2.51 -2.52% -0.07
LJP3 closed down 1.25 percent on Thursday, April 25, 2024, on 56 percent of normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish -2.52%
New 52 Week Closing Low Bearish -2.52%
Expansion Breakdown Bearish Swing Setup -2.52%
Reversal New Lows Setup Bearish Swing Setup -2.52%
Wide Range Bar Range Expansion -2.52%
New 52 Week Low Weakness -2.52%
Outside Day Range Expansion -2.52%
Gapped Up Strength -2.52%
Oversold Stochastic Weakness -2.52%
New 52 Week Closing Low Bearish -3.74%

   Recent Intraday Alerts

Alert Time
Down 2% about 4 hours ago
5x Volume Pace about 4 hours ago
Fell Below Lower Bollinger Band about 4 hours ago
Gap Up Closed about 5 hours ago
Reversed from Up about 5 hours ago

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ETFS 3x Long JPY Short USD ETC Description

ETFS 3x Long JPY Short USD (LJP3) is designed to provide investors with a 'leveraged long' exposure to Japanese Yen ("JPY") relative to US Dollars ("USD") by tracking the MSFX Triple Long Japanese Yen Index (TR) (the "Index"), which aims to reflect three times the performance of a position in forward contracts which are rolled on a daily basis. LJP3 is an exchange traded currency ("ETC"). Its securities can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company. The ETC obtains exposure to the Index by entering into unfunded swaps with a counterparty. There is no upfront cash payment by the Issuer to the counterparty when an unfunded swap is created. However, daily cash payments are made between the Issuer and the counterparty to reflect the movements in the value of the Index.


Classification

Keywords: Exchange Traded Funds ETF Swaps Dollar US Dollar Boost Etp Leverage Counterparty Japanese Yen

Is LJP3 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 4.82
52 Week Low 2.575
Average Volume 23,012
200-Day Moving Average 3.23
50-Day Moving Average 2.85
20-Day Moving Average 2.72
10-Day Moving Average 2.63
Average True Range 0.05
RSI (14) 17.36
ADX 17.93
+DI 29.36
-DI 26.46
Chandelier Exit (Long, 3 ATRs) 2.84
Chandelier Exit (Short, 3 ATRs) 2.72
Upper Bollinger Bands 2.90
Lower Bollinger Band 2.54
Percent B (%b) 0.11
BandWidth 13.28
MACD Line -0.08
MACD Signal Line -0.08
MACD Histogram -0.0053
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.81
Resistance 3 (R3) 2.83 2.78 2.77
Resistance 2 (R2) 2.78 2.72 2.77 2.76
Resistance 1 (R1) 2.68 2.69 2.65 2.65 2.74
Pivot Point 2.63 2.63 2.61 2.61 2.63
Support 1 (S1) 2.52 2.57 2.50 2.50 2.41
Support 2 (S2) 2.47 2.53 2.46 2.39
Support 3 (S3) 2.37 2.47 2.38
Support 4 (S4) 2.34