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

Grade Last Price % Change Price Change
grade A 841.65 6.98% 54.90
SUK2 closed up 6.98 percent on Friday, February 28, 2020, on 2.58 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical SUK2 trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
New Uptrend Bullish 6.98%
Expansion Breakout Bullish Swing Setup 6.98%
Pocket Pivot Bullish Swing Setup 6.98%

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.
Configure default chart indicators
Basic chart:

Profile

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.
Exchange Traded Funds Boost Etp Ftse 100 Index Short

Is SUK2 a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Recent News

Indicators

Indicator Value
52 Week High 865.7199
52 Week Low 631.8759
Average Volume 591,994
200-Day Moving Average 709.23
50-Day Moving Average 669.22
20-Day Moving Average 693.48
10-Day Moving Average 718.64
Average True Range 26.79
ADX 29.27
+DI 55.68
-DI 8.11
Chandelier Exit (Long, 3 ATRs ) 785.36
Chandelier Exit (Short, 3 ATRs ) 733.36
Upper Bollinger Band 789.91
Lower Bollinger Band 597.05
Percent B (%b) 1.27
BandWidth 27.81
MACD Line 29.45
MACD Signal Line 13.07
MACD Histogram 16.3845
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 908.73
Resistance 3 (R3) 909.30 887.51 897.55
Resistance 2 (R2) 887.51 870.43 887.22 893.82
Resistance 1 (R1) 864.58 859.87 876.04 864.01 890.10
Pivot Point 842.79 842.79 848.52 842.50 842.79
Support 1 (S1) 819.86 825.71 831.33 819.29 793.20
Support 2 (S2) 798.07 815.15 797.79 789.48
Support 3 (S3) 775.14 798.07 785.75
Support 4 (S4) 774.57