Technical Analysis for CARD - Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN
Grade | Last Price | % Change | Price Change |
---|---|---|---|
F | 11.50 | -2.08% | -0.24 |
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | Down | Down | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
New 52 Week Closing Low | Bearish | 0.00% | |
Hammer Candlestick | Bullish | 0.00% | |
Lizard Bullish | Bullish Day Trade Setup | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Lower Bollinger Band Walk | Weakness | 0.00% | |
New 52 Week Low | Weakness | 0.00% | |
Wide Bands | Range Expansion | 0.00% | |
Below Lower BB | Weakness | 0.00% | |
Down 3 Days in a Row | Weakness | 0.00% | |
Gapped Down | Weakness | 0.00% |
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Bank Of Montreal MAX Auto Industry -3x Inverse Leveraged ETN Description
CARD makes a big and bearish one-day bet against the US auto industry. The fund provides 3x daily inverse exposure to a modified liquidity-weighted index that includes firms engaged in automobile manufacturing, automobile parts and retail, and car dealing. The index defines the industries based on the North American Industry Classification System (NAICS) and selects US-listed equities, excluding ETPs. The fund gains its international exposure through the use of ADRs, but will specifically exclude issuers organized in Canada or China. As a geared product, CARD is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the index due to daily compounding. Since the fund uses an ETN structure, investors assume the credit risk of the issuer.
Classification
Keywords: Exchange Traded Funds Exchange Traded Note Short Term Trading Tool Automobile Manufacturing Car Dealing
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Date | Title |
---|---|
Feb 27 | Bank of Montreal (BMO) Q1 2024 Earnings Call Transcript |
Indicator | Value |
---|---|
52 Week High | 36.23 |
52 Week Low | 11.43 |
Average Volume | 891 |
200-Day Moving Average | 19.27 |
50-Day Moving Average | 15.03 |
20-Day Moving Average | 14.10 |
10-Day Moving Average | 13.20 |
Average True Range | 0.55 |
RSI (14) | 29.08 |
ADX | 19.94 |
+DI | 25.62 |
-DI | 64.79 |
Chandelier Exit (Long, 3 ATRs) | 14.37 |
Chandelier Exit (Short, 3 ATRs) | 13.08 |
Upper Bollinger Bands | 16.50 |
Lower Bollinger Band | 11.69 |
Percent B (%b) | -0.04 |
BandWidth | 34.14 |
MACD Line | -0.84 |
MACD Signal Line | -0.56 |
MACD Histogram | -0.2856 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 11.62 | ||||
Resistance 3 (R3) | 11.61 | 11.56 | 11.60 | ||
Resistance 2 (R2) | 11.56 | 11.53 | 11.56 | 11.59 | |
Resistance 1 (R1) | 11.53 | 11.51 | 11.50 | 11.54 | 11.59 |
Pivot Point | 11.48 | 11.48 | 11.47 | 11.48 | 11.48 |
Support 1 (S1) | 11.45 | 11.45 | 11.42 | 11.46 | 11.41 |
Support 2 (S2) | 11.40 | 11.43 | 11.40 | 11.41 | |
Support 3 (S3) | 11.37 | 11.40 | 11.40 | ||
Support 4 (S4) | 11.38 |