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REPORTING FOR 2019-10-18 | BUNDESPREMIERLEAGUE.COM: We have conducted a deep analysis of how BMO Covered Call Canadian Banks ETF Unit (BMDLF) has been trading over the last 2 weeks and the past day especially. On its latest session, BMO Covered Call Canadian Banks ETF Unit (BMDLF) opened at 13.809, reaching a high of 13.809 and a low of 13.809 before closing at a price of 13.809. There was a total volume of 400.0.
VOLUME INDICATORS: We saw an accumulation-distribution index of nan, an on-balance volume of -13.745, chaikin money flow of nan and a force index of 0.0041. There was an ease of movement rating of nan, a volume-price trend of 0.01197 and a negative volume index of 1000.0.
VOLATILITY: We noted an average true range of 0.00791, bolinger bands of 13.809, an upper bollinger band of 13.809, lower bollinger band of 13.809, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 13.809, high band keltner channel of 13.809, low band keltner channel of 13.809, a high band keltner channel indicator of nan and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 13.809, a donchian channel low band of 13.809, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.0033, a MACD signal of -0.00074, a MACD difference of -0.00256, a fast Exponential Moving Average (EMA) indicator of 13.809, a slow Exponential Moving Average (EMA) indicator of 13.809, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of nan, a trix of -0.10526, a Mass Index (MI) of nan, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.01367, a KST Oscillator (KST) of 0.99092 and a KST Oscillator (KST Signal) of 0.99092 (leaving a KST difference of -0.0). We also found an Ichimoku rating of 13.809, an Ichimoku B rating of 13.809, a Ichimoku visual trend A of 13.8118, an Ichimoku visual trend B of 13.81282, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -36.0.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 100.0, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of 0.0.
RETURNS: There was a daily return of 0.09909, a daily log return of -0.46454 and a cumulative return of -0.46347.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-18 (if you are reading this later, the analysis will be out of date), our analysis of technical indicators for BMO Covered Call Canadian Banks ETF Unit (BMDLF) is telling us that this is a reasonably healthy chart worth considering for a short-term long. Please comment if you disagree with this conclusion or if you find any errors in the analysis above.
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DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling BMO Covered Call Canadian Banks ETF Unit (BMDLF) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.
I am the driving force behind BPL and a professional daytrader. I will be providing technical analysis of various stocks on BPL.