Technical Analysis for LBAY - Leatherback Long/Short Alternative Yield ETF

Grade Last Price % Change Price Change
F 25.47 -1.20% -0.31
LBAY closed down 1.2 percent on Monday, July 1, 2024, on 17.39 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
New Downtrend Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Reversal New Lows Setup Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 10 hours ago
200 DMA Resistance about 10 hours ago
10 DMA Resistance about 10 hours ago
2x Volume Pace about 10 hours ago
1.5x Volume Pace about 10 hours ago

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Profile

The investment seeks capital appreciation and income. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price. It will generally have net exposure of 75% - 110% long. The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds. It is non-diversified.
Classification

Keywords: Exchange Traded Fund Bond Bond Fund Yield Convertible Bond

Top 10 Components

Symbol Grade Price % Change Allocation
BG B 0.52 5.34
FIS C -1.45 5.17
XOM C -0.14 5.13
V D 0.29 5.04
ORI D -1.26 4.81
ABBV B -0.67 4.65
ICE A 0.03 4.44
PKG B -1.37 4.38
ZBH F -2.37 4.30
AGNC B -0.63 4.29

Is LBAY 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 27.46
52 Week Low 24.3036
Average Volume 5,134
200-Day Moving Average 25.93
50-Day Moving Average 26.50
20-Day Moving Average 26.16
10-Day Moving Average 25.93
Average True Range 0.21
RSI (14) 29.58
ADX 25.01
+DI 18.02
-DI 41.79
Chandelier Exit (Long, 3 ATRs) 26.10
Chandelier Exit (Short, 3 ATRs) 26.11
Upper Bollinger Bands 26.82
Lower Bollinger Band 25.50
Percent B (%b) -0.02
BandWidth 5.04
MACD Line -0.23
MACD Signal Line -0.19
MACD Histogram -0.0428
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.36
Resistance 3 (R3) 26.45 26.26 26.21
Resistance 2 (R2) 26.26 26.03 26.21 26.16
Resistance 1 (R1) 25.86 25.89 25.77 25.77 26.11
Pivot Point 25.67 25.67 25.62 25.62 25.67
Support 1 (S1) 25.27 25.44 25.18 25.18 24.83
Support 2 (S2) 25.08 25.30 25.03 24.78
Support 3 (S3) 24.68 25.08 24.73
Support 4 (S4) 24.59