Technical Analysis for EFUT - VanEck Ethereum Strategy ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | Down | Down | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Multiple of Ten Bearish | Other | 0.00% | |
Gapped Down | Weakness | 0.00% | |
MACD Bullish Signal Line Cross | Bullish | -2.97% | |
Narrow Range Bar | Range Contraction | -2.97% | |
Multiple of Ten Bullish | Other | -2.97% | |
Narrow Range Bar | Range Contraction | -2.00% | |
Multiple of Ten Bullish | Other | -2.00% | |
Gapped Down | Weakness | -2.00% | |
Narrow Range Bar | Range Contraction | -3.42% | |
Lower Bollinger Band Walk | Weakness | -3.42% |
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VanEck Ethereum Strategy ETF Description
EFUT seeks long-term capital appreciation through ether (ETH) futures contracts. The goal is to maintain 100% economic exposure to ETH. In some cases, such as for tax liabilities, exposure may temporarily exceed 100% (up to 125%). The fund utilizes the inherent leverage in ETH futures, as well as from borrowing for potential amplified returns. However, this heightens the fund's risk, making it sensitive to fluctuations in ETH prices. To reduce risks, the fund holds a variety of short-term debts. In situations where the target exposure is not met, the fund may invest in other either-linked investments. As an actively managed fund, engaging in frequent trading activity, the fund may experience a higher turnover rate. Structured as a C-Corp, which accrues tax expenses at the fund level, may provide increased tax efficiencies for long-term investors holding shares in a taxable account. EFUT pledges 10% of profits to Protocol Guild for a decade, expressing faith in Ethereum's future.
Classification
Keywords: Blockchain Ethereum Cross Platform Software Leverage Bytecodes
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 31.9199 |
52 Week Low | 14.3272 |
Average Volume | 22,934 |
200-Day Moving Average | 24.13 |
50-Day Moving Average | 23.21 |
20-Day Moving Average | 20.98 |
10-Day Moving Average | 20.20 |
Average True Range | 0.72 |
RSI (14) | 36.31 |
ADX | 42.47 |
+DI | 17.05 |
-DI | 41.35 |
Chandelier Exit (Long, 3 ATRs) | 20.53 |
Chandelier Exit (Short, 3 ATRs) | 21.28 |
Upper Bollinger Bands | 22.80 |
Lower Bollinger Band | 19.16 |
Percent B (%b) | 0.13 |
BandWidth | 17.36 |
MACD Line | -0.93 |
MACD Signal Line | -0.98 |
MACD Histogram | 0.0514 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 20.28 | ||||
Resistance 3 (R3) | 20.34 | 20.19 | 20.17 | ||
Resistance 2 (R2) | 20.19 | 20.03 | 20.16 | 20.13 | |
Resistance 1 (R1) | 19.91 | 19.92 | 19.84 | 19.85 | 20.10 |
Pivot Point | 19.76 | 19.76 | 19.72 | 19.73 | 19.76 |
Support 1 (S1) | 19.48 | 19.60 | 19.41 | 19.42 | 19.16 |
Support 2 (S2) | 19.33 | 19.49 | 19.30 | 19.13 | |
Support 3 (S3) | 19.05 | 19.33 | 19.09 | ||
Support 4 (S4) | 18.99 |