Technical Analysis for BNKD - MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs

Grade Last Price % Change Price Change
D 21.00 -2.55% -0.55
BNKD closed down 2.55 percent on Monday, July 1, 2024, on 1.35 times normal volume. 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
Bollinger Band Squeeze Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
BB Squeeze + Lower Band Touch Range Contraction 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish -2.55%
MACD Bearish Centerline Cross Bearish -2.55%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 10 hours ago
1.5x Volume Pace about 10 hours ago
3x Volume Pace about 10 hours ago
Down 3% about 10 hours ago
Fell Below Lower Bollinger Band about 10 hours ago

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Profile

The investment seeks to provide a leveraged inverse return based on the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Banking Inverse Exchange Traded Fund Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF

Top 10 Components

Symbol Grade Price % Change Allocation
WFC C 2.02 10.00
USB C -1.16 10.00
TFC C 1.03 10.00
SCHW C -0.37 10.00
PNC C 0.42 10.00
MS B 2.03 10.00
JPM A 1.58 10.00
GS A 2.51 10.00
C C -0.05 10.00
BAC A 0.60 10.00

Is BNKD 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 80.55
52 Week Low 19.84
Average Volume 52,559
200-Day Moving Average 37.22
50-Day Moving Average 22.37
20-Day Moving Average 22.76
10-Day Moving Average 22.45
Average True Range 0.97
RSI (14) 40.48
ADX 15.64
+DI 24.87
-DI 34.80
Chandelier Exit (Long, 3 ATRs) 21.67
Chandelier Exit (Short, 3 ATRs) 23.61
Upper Bollinger Bands 24.24
Lower Bollinger Band 21.28
Percent B (%b) -0.09
BandWidth 12.98
MACD Line -0.16
MACD Signal Line 0.03
MACD Histogram -0.1872
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.07
Resistance 3 (R3) 22.08 21.75 21.89
Resistance 2 (R2) 21.75 21.48 21.74 21.83
Resistance 1 (R1) 21.37 21.31 21.21 21.36 21.77
Pivot Point 21.04 21.04 20.95 21.03 21.04
Support 1 (S1) 20.66 20.77 20.50 20.65 20.23
Support 2 (S2) 20.33 20.60 20.32 20.17
Support 3 (S3) 19.95 20.33 20.11
Support 4 (S4) 19.94