Technical Analysis for LWEA - ETFS 2x Daily Long Wheat ETC
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 20 DMA Resistance | Bearish | -1.59% | |
| MACD Bearish Signal Line Cross | Bearish | -1.59% | |
| Volume Surge | Other | -1.59% | |
| Bollinger Band Squeeze | Range Contraction | -1.59% | |
| BB Squeeze Started | Range Contraction | -1.59% | |
| Gapped Up | Strength | -1.59% | |
| Down 3 Days in a Row | Weakness | -1.59% | |
| 20 DMA Resistance | Bearish | -2.17% | |
| Volume Surge | Other | -2.17% | |
| Outside Day | Range Expansion | -2.17% |
| Alert | Time |
|---|---|
| Fell Below Previous Day's Low | about 3 hours ago |
| Down 1% | about 3 hours ago |
| Bearish 180 Entry | 2 days ago |
| Fell Below Previous Day's Low | 2 days ago |
| Reversed from Up | 2 days ago |
Get a Trading Assistant
ETFS 2x Daily Long Wheat ETC Description
ETFS 2x Daily Long Wheat (LWEA) is designed to enable investors to gain a 'leveraged' exposure to a total return investment in wheat futures contracts by tracking the Bloomberg Wheat 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). LWEA 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 Wheat
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 13.795 |
| 52 Week Low | 5.1813 |
| Average Volume | 8,912 |
| 200-Day Moving Average | 7.22 |
| 50-Day Moving Average | 5.83 |
| 20-Day Moving Average | 5.65 |
| 10-Day Moving Average | 5.71 |
| Average True Range | 0.20 |
| RSI (14) | 44.13 |
| ADX | 11.61 |
| +DI | 29.23 |
| -DI | 26.83 |
| Chandelier Exit (Long, 3 ATRs) | 5.38 |
| Chandelier Exit (Short, 3 ATRs) | 5.80 |
| Upper Bollinger Bands | 5.99 |
| Lower Bollinger Band | 5.30 |
| Percent B (%b) | 0.29 |
| BandWidth | 12.28 |
| MACD Line | -0.05 |
| MACD Signal Line | -0.04 |
| MACD Histogram | -0.0039 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 5.79 | ||||
| Resistance 3 (R3) | 5.83 | 5.76 | 5.74 | ||
| Resistance 2 (R2) | 5.76 | 5.69 | 5.74 | 5.73 | |
| Resistance 1 (R1) | 5.63 | 5.64 | 5.60 | 5.60 | 5.71 |
| Pivot Point | 5.56 | 5.56 | 5.55 | 5.55 | 5.56 |
| Support 1 (S1) | 5.43 | 5.49 | 5.40 | 5.40 | 5.28 |
| Support 2 (S2) | 5.37 | 5.44 | 5.35 | 5.27 | |
| Support 3 (S3) | 5.23 | 5.37 | 5.25 | ||
| Support 4 (S4) | 5.20 |
