Technical Analysis for ZZZ - Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF

Grade Last Price % Change Price Change
D 23.93 -1.44% -0.35
ZZZ closed down 1.44 percent on Friday, July 5, 2024, on 19 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -1.44%
Gapped Down Weakness -1.44%

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Profile

Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF Description

ZZZ blends two indices, splitting investments between traditional equities and Bitcoin futures. Approximately 75% of the funds assets are allocated to US large-cap stocks featured in the S&P 500. Simultaneously, the remaining 25% is dedicated to Bitcoin futures obtained through its wholly-owned Cayman Islands subsidiary. The fund rebalances monthly to maintain the 75/25 allocation, though the adviser retains the flexibility to rebalance more frequently during periods of significant price volatility. Note that the fund does not invest directly in Bitcoin, instead opting for USD-settled, front-month CME Bitcoin futures contracts. These contracts are typically rolled over in the last week of each month, although adjustments may occur based on prevailing market conditions. The fund holds high-quality securities, including US government securities, money market funds, and short-term corporate debts to manage risks associated with the contracts.


Classification

Keywords: Bitcoin Futures Markets Us Government Us Dollar

Top 10 Components

Symbol Grade Price % Change Allocation
MSFT A 1.47 4.49
AAPL A 2.16 4.11
NVDA B -1.91 3.94
AMZN A 1.22 2.35
META A 5.87 1.53
GOOGL A 2.57 1.48
GOOG A 2.44 1.20
BRK.A C 1.17 1.05

Is ZZZ 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 25.75
52 Week Low 20.52
Average Volume 1,823
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 24.89
10-Day Moving Average 24.46
Average True Range 0.31
RSI (14) 45.36
ADX 22.91
+DI 35.17
-DI 48.26
Chandelier Exit (Long, 3 ATRs) 24.81
Chandelier Exit (Short, 3 ATRs) 24.83
Upper Bollinger Bands 25.91
Lower Bollinger Band 23.87
Percent B (%b) 0.03
BandWidth 8.22
MACD Line 0.11
MACD Signal Line 0.34
MACD Histogram -0.2295
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.99
Resistance 3 (R3) 23.98 23.96 23.98
Resistance 2 (R2) 23.96 23.94 23.96 23.98
Resistance 1 (R1) 23.94 23.93 23.95 23.95 23.97
Pivot Point 23.92 23.92 23.92 23.92 23.92
Support 1 (S1) 23.90 23.90 23.91 23.91 23.89
Support 2 (S2) 23.88 23.89 23.88 23.88
Support 3 (S3) 23.86 23.88 23.88
Support 4 (S4) 23.87