Technical Analysis for SUK2 - ETFS FTSE 100® Super Short Strategy (Daily 2x) GO UCITS ETF

Grade Last Price % Change Price Change
F 333.53 -0.73% -2.45
SUK2 closed down 0.73 percent on Thursday, March 28, 2024, on 3.49 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Volume Surge Other 0.00%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.73%
Stochastic Buy Signal Bullish -0.73%
Calm After Storm Range Contraction -0.73%
Inside Day Range Contraction -0.73%

   Recent Intraday Alerts

Alert Time
Lower Bollinger Band Support about 15 hours ago
Possible NR7 about 16 hours ago
3x Volume Pace about 20 hours ago
2x Volume Pace about 20 hours ago
1.5x Volume Pace about 20 hours ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

ETFS FTSE 100® Super Short Strategy (Daily 2x) GO UCITS ETF Description

The ETFS FTSE 100® Super Short Strategy (Daily 2x) GO UCITS ETF (SUK2) is designed to track the performance of the FTSE 100® Daily Super Short Strategy Index (the "Tracked Index"). The Tracked Index is a strategic index that is designed to provide twice the inverse of the daily percentage change in the level of the FTSE 100® Total Return Declared Dividend Index (the "Underlying Index") plus an implied amount reflecting the interest accruing on the cash proceeds earned from the sale of the index portfolio (the "Interest Rate") less the cost of borrowing the index portfolio for the leveraged short exposure (the "Borrowing Cost"). This magnified inverse exposure is known as a 'short and leveraged' exposure. For example, if the Underlying Index was to decrease in value by 5% on a particular day, the Tracked Index is designed to increase in value by 10% on that day, subject to the adjustments for the Interest Rate and Borrowing Cost.


Classification

Keywords: Exchange Traded Funds ETF Dividend FTSE Boost Etp Leverage Ftse 100 Index Rowing Interest Rate Dividend Index

Is SUK2 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 397.001
52 Week Low 323.7
Average Volume 325,926
200-Day Moving Average 365.96
50-Day Moving Average 359.40
20-Day Moving Average 350.17
10-Day Moving Average 343.08
Average True Range 5.26
RSI (14) 28.57
ADX 22.23
+DI 14.18
-DI 38.20
Chandelier Exit (Long, 3 ATRs) 351.36
Chandelier Exit (Short, 3 ATRs) 347.77
Upper Bollinger Bands 369.85
Lower Bollinger Band 330.49
Percent B (%b) 0.08
BandWidth 11.24
MACD Line -6.99
MACD Signal Line -5.19
MACD Histogram -1.7999
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 337.40
Resistance 3 (R3) 337.32 335.94 336.76
Resistance 2 (R2) 335.94 334.95 335.98 336.54
Resistance 1 (R1) 334.73 334.34 334.04 334.82 336.32
Pivot Point 333.35 333.35 333.01 333.40 333.35
Support 1 (S1) 332.15 332.37 331.46 332.23 330.73
Support 2 (S2) 330.77 331.76 330.81 330.51
Support 3 (S3) 329.56 330.77 330.30
Support 4 (S4) 329.65