Technical Analysis for CAPE - DoubleLine Shiller CAPE U.S. Equities ETF

Grade Last Price % Change Price Change
A 27.98 0.23% 0.06
CAPE closed up 0.23 percent on Wednesday, July 3, 2024, on 16 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
BB Squeeze Ended Range Expansion 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 5 hours ago
Reversal New Highs Entry about 9 hours ago
Bullish 180 Entry about 9 hours ago
Rose Above Previous Day's High about 9 hours ago
New 52 Week High about 9 hours ago

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Profile

The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500®.
Classification

Top 10 Components

Symbol Grade Price % Change Allocation
AMZN A -1.21 5.97
META B 0.09 5.20
TSLA B 6.54 3.58
GOOGL A 0.31 3.49
BRK.A D 0.12 3.27
GOOG A 0.42 2.95
JPM A -0.07 2.52
HD C -0.40 2.33
PLD C 0.08 2.00
V D 0.28 1.93

Is CAPE 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 28.0
52 Week Low 22.4624
Average Volume 34,474
200-Day Moving Average 25.99
50-Day Moving Average 27.23
20-Day Moving Average 27.53
10-Day Moving Average 27.70
Average True Range 0.21
RSI (14) 66.56
ADX 22.84
+DI 34.58
-DI 13.45
Chandelier Exit (Long, 3 ATRs) 27.36
Chandelier Exit (Short, 3 ATRs) 27.67
Upper Bollinger Bands 27.95
Lower Bollinger Band 27.12
Percent B (%b) 1.03
BandWidth 3.01
MACD Line 0.17
MACD Signal Line 0.13
MACD Histogram 0.0316
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.11
Resistance 3 (R3) 28.10 28.05 28.09
Resistance 2 (R2) 28.05 28.02 28.06 28.08
Resistance 1 (R1) 28.01 28.00 28.03 28.02 28.07
Pivot Point 27.96 27.96 27.97 27.97 27.96
Support 1 (S1) 27.92 27.93 27.94 27.93 27.88
Support 2 (S2) 27.87 27.91 27.88 27.87
Support 3 (S3) 27.83 27.87 27.86
Support 4 (S4) 27.84