Technical Analysis for SMHB - ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B

Grade Last Price % Change Price Change
B 6.38 2.42% 0.15
SMHB closed up 1.12 percent on Friday, April 26, 2024, on 2.64 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 2.42%
Lizard Bearish Bearish Day Trade Setup 2.42%
MACD Bullish Centerline Cross Bullish 2.42%
Pocket Pivot Bullish Swing Setup 2.42%
Doji - Bearish? Reversal 2.42%
Gapped Up Strength 2.42%
20 DMA Support Bullish 3.57%
50 DMA Support Bullish 3.57%
MACD Bullish Signal Line Cross Bullish 3.37%
NR7 Range Contraction 3.37%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 2 hours ago
Rose Above Previous Day's High about 2 hours ago
Up 2% about 2 hours ago
Up 1% about 4 hours ago
2x Volume Pace 3 days ago

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Profile

The investment seeks to provide a two times leveraged return linked to the compounded monthly performance of the Solactive US Small Cap High Dividend Index (the “index”). The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.
Classification

Keywords: Exchange Traded Fund ETF Dividend Leveraged ETF Ultra ETF Dividend Yield

Top 10 Components

Symbol Grade Price % Change Allocation
SLG A 2.67 4.87
XRX F -1.29 4.09
DTM A -0.47 3.81
BXMT F 0.34 3.43
DSS F 0.00 2.87
TWO B 0.00 2.87
CIM D 0.72 2.62
ETRN A 1.35 2.49
BDN A 3.58 2.41
BGS B 0.36 2.41

Is SMHB 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 7.2714
52 Week Low 3.3832
Average Volume 38,479
200-Day Moving Average 5.83
50-Day Moving Average 5.98
20-Day Moving Average 6.00
10-Day Moving Average 5.88
Average True Range 0.25
RSI (14) 56.71
ADX 15.82
+DI 25.68
-DI 20.37
Chandelier Exit (Long, 3 ATRs) 5.88
Chandelier Exit (Short, 3 ATRs) 6.15
Upper Bollinger Bands 6.57
Lower Bollinger Band 5.43
Percent B (%b) 0.7
BandWidth 18.93
MACD Line 0.01
MACD Signal Line -0.04
MACD Histogram 0.0437
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.43
Resistance 3 (R3) 6.45 6.40 6.39
Resistance 2 (R2) 6.40 6.35 6.39 6.38
Resistance 1 (R1) 6.32 6.32 6.29 6.29 6.37
Pivot Point 6.27 6.27 6.26 6.26 6.27
Support 1 (S1) 6.19 6.22 6.16 6.16 6.09
Support 2 (S2) 6.14 6.19 6.13 6.08
Support 3 (S3) 6.05 6.14 6.07
Support 4 (S4) 6.03