Technical Analysis for BULZ - MicroSectors FANG & Innovation 3x Leveraged ETN

Grade Last Price % Change Price Change
A 181.17 4.08% 7.10
BULZ closed up 4.08 percent on Wednesday, July 3, 2024, on 80 percent of 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 4.08%
New 52 Week High Strength 4.08%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 7 hours ago
Rose Above Upper Bollinger Band about 7 hours ago
Up 3% about 7 hours ago
Up 2% about 7 hours ago
Up 1 ATR about 7 hours ago

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MicroSectors FANG & Innovation 3x Leveraged ETN Description

BULZ provides daily 3x exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged product with 3x factor that resets daily, BULZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.


Classification

Top 10 Components

Symbol Grade Price % Change Allocation
ADBE B 0.43 6.67
TSLA B 6.54 6.67
CRM C 1.86 6.67
QCOM B 1.82 6.67
MU C 3.19 6.67
AMZN A -1.21 6.67
AMD B -0.25 6.67
META B 0.09 6.67
INTC D 0.51 6.67
GOOGL A 0.31 6.67

Is BULZ 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 181.66
52 Week Low 52.2204
Average Volume 129,612
200-Day Moving Average 110.86
50-Day Moving Average 136.91
20-Day Moving Average 154.74
10-Day Moving Average 162.82
Average True Range 7.20
RSI (14) 76.36
ADX 29.29
+DI 42.97
-DI 14.24
Chandelier Exit (Long, 3 ATRs) 160.07
Chandelier Exit (Short, 3 ATRs) 143.74
Upper Bollinger Bands 179.57
Lower Bollinger Band 129.91
Percent B (%b) 1.03
BandWidth 32.09
MACD Line 10.02
MACD Signal Line 8.20
MACD Histogram 1.8112
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 192.77
Resistance 3 (R3) 191.65 186.65 190.84
Resistance 2 (R2) 186.65 183.70 187.22 190.19
Resistance 1 (R1) 183.91 181.87 185.28 185.04 189.55
Pivot Point 178.92 178.92 179.60 179.48 178.92
Support 1 (S1) 176.18 175.96 177.55 177.30 172.79
Support 2 (S2) 171.18 174.14 171.75 172.15
Support 3 (S3) 168.44 171.18 171.50
Support 4 (S4) 169.57