Technical Analysis for SOYO - ETFS Soybean Oil ETC

Grade Last Price % Change Price Change
D 6.13 -1.33% -0.08
SOYO closed down 1.33 percent on Thursday, April 18, 2024, on 50 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Lower Bollinger Band Walk Weakness 0.00%
BB Squeeze Ended Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Centerline Cross Bearish -1.33%
Bollinger Band Squeeze Range Contraction -1.33%
NR7 Range Contraction -1.33%

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Profile

ETFS Soybean Oil (SOYO) is designed to enable investors to gain an exposure to a total return investment in soybean oil by tracking the Bloomberg Soybean Oil Subindex (the "Index") and providing a collateral yield. SOYO is an exchange traded commodity ("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 is backed by swaps. The payment obligations of the swap counterparties to the Issuer are protected by collateral held which is marked to market daily. The collateral is held in segregated accounts at The Bank of New York Mellon. Details of the collateral held can be found in the Collateral section of the ETF Securities website (www. etfsecurities. com).
Classification

Keywords: Exchange Traded Funds ETF Oil Bank Swaps Bloomberg Commodity Etf Securities Soybean

Is SOYO 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 8.5825
52 Week Low 5.81
Average Volume 1,893
200-Day Moving Average 7.11
50-Day Moving Average 6.46
20-Day Moving Average 6.56
10-Day Moving Average 6.50
Average True Range 0.13
RSI (14) 35.06
ADX 28.73
+DI 18.69
-DI 35.05
Chandelier Exit (Long, 3 ATRs) 6.49
Chandelier Exit (Short, 3 ATRs) 6.52
Upper Bollinger Bands 6.88
Lower Bollinger Band 6.25
Percent B (%b) -0.18
BandWidth 9.59
MACD Line -0.04
MACD Signal Line 0.01
MACD Histogram -0.0557
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.26
Resistance 3 (R3) 6.27 6.24 6.24
Resistance 2 (R2) 6.24 6.21 6.24 6.23
Resistance 1 (R1) 6.19 6.19 6.17 6.17 6.22
Pivot Point 6.16 6.16 6.15 6.15 6.16
Support 1 (S1) 6.11 6.13 6.09 6.09 6.04
Support 2 (S2) 6.08 6.11 6.07 6.04
Support 3 (S3) 6.02 6.08 6.03
Support 4 (S4) 6.01