0 XP   0   0   0

WisdomTree Gold 3x Daily Short

Check the daily chart of WisdomTree Gold 3x Daily Short. The closing price of 2022-12-01 was GBX 2,093 per share.

WisdomTree Gold 3x Daily Short Daily Candlestick Chart

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

WisdomTree Gold 3x Daily Short Daily Moving Averages ChartWisdomTree Gold 3x Daily Short Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of WisdomTree Gold 3x Daily Short:

  • The Moving Average Convergence/Divergence (MACD) is -137.183. The Moving Average Convergence/Divergence (MACD) below zero is a bearish sign. -1
  • The MACD is lower than the signal line. This is a bearish indication. -1
WisdomTree Gold 3x Daily Short Daily Moving Average Convergence/Divergence (MACD) ChartWisdomTree Gold 3x Daily Short Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of WisdomTree Gold 3x Daily Short:

  • The ADX is 31.362. Strong Trend. +1
  • The ADX is rising, the current trend is strengthening. +1
  • The +DI is lower than the -DI. The current trend is down. -2
WisdomTree Gold 3x Daily Short Daily Directional Movement Index (DMI) ChartWisdomTree Gold 3x Daily Short Daily Directional Movement Index (DMI) Chart
1.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..
  • The Parabolic SAR is higher than the price. The current trend is down. -2
  • WisdomTree Gold 3x Daily Short Daily Parabolic SAR ChartWisdomTree Gold 3x Daily Short Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)

    Measures the speed and change of price movements.

    • Leading momentum indicator, meaning the signals are instant.
    • Ranges between 0 and 100.
    • Above 70 is considered overbought.
    • Below 30 is considered oversold.
    • Above or below 50 can also be used to determine price trend or support and resistance.
    • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
    • Can be used in many different ways
    • The RSI is below 50. -1
    WisdomTree Gold 3x Daily Short Daily Relative Strength Index (RSI) ChartWisdomTree Gold 3x Daily Short Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator

    Compares a certain price to multiple prices ranging over time.

    • Leading momentum indicator, meaning the signals are instant.
    • Used to determine overbought and oversold areas much like the RSI.
    • Ranges between 0 and 100.
    • Above 80 is considered overbought.
    • Below 20 is considered oversold.
    • Consists of two lines named K and D.
    • K compares the highest high and lowest low on the selected price range.
    • The D line is a moving average of the K line.
    • Can be used to spot divergences
    • The Stochastic is below 50. -1
    • The Stochastic is below 30 and oversold. +2
    WisdomTree Gold 3x Daily Short Daily Stochastic Oscillator ChartWisdomTree Gold 3x Daily Short Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    WisdomTree Gold 3x Daily Short Daily Commodity Channel Index (CCI) ChartWisdomTree Gold 3x Daily Short Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    WisdomTree Gold 3x Daily Short Daily Chande Momentum Oscillator (CMO) ChartWisdomTree Gold 3x Daily Short Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    WisdomTree Gold 3x Daily Short Daily Williams %R ChartWisdomTree Gold 3x Daily Short Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    WisdomTree Gold 3x Daily Short Daily Bollinger Bands ChartWisdomTree Gold 3x Daily Short Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    WisdomTree Gold 3x Daily Short Daily Average True Range (ATR) ChartWisdomTree Gold 3x Daily Short Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    WisdomTree Gold 3x Daily Short Daily On-Balance Volume (OBV) ChartWisdomTree Gold 3x Daily Short Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    WisdomTree Gold 3x Daily Short Daily Money Flow Index (MFI) ChartWisdomTree Gold 3x Daily Short Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    Bullish Reversal DivergenceSTOCH Bullish Reversal Divergence2022-11-25

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2022-11-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
    WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
    2022-11-21STOCH LONG ENTRY SHORT CLOSE20 crossover to upside
    2022-11-22MFI20 crossover to upside
    2022-11-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
    2022-11-28MACD LONG ENTRY SHORT CLOSE
    2022-11-30MACD SHORT ENTRY LONG CLOSE
    STOCH LONG ENTRY SHORT CLOSE20 crossover to upside
    ATR LONG ENTRY SHORT CLOSE

    5.2. Technical Score

    Let's check the technical score of WisdomTree Gold 3x Daily Short based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5030.907
    Ma 20Greater thanMa 502,391.525
    Ma 50Greater thanMa 1002,722.130
    Ma 100Greater thanMa 2002,600.318
    OpenGreater thanClose2,180.000
    Total3/5 (60.0%)

    Comments

    Join the conversation.

    Leave a comment

    Stay informed with my latest content.

    Subscribe to my newsletter and receive an email as soon as I add content to PenkeTrading.com.


    By clicking Register, you agree to the General Terms and Conditions.
    Penke's Market Notifications
    AXJO.INDX
    1 minute ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of AXJO.INDX.

    AXJO.INDX Daily Candlestick Chart
    AXGD.INDX
    2 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of AXGD.INDX.

    AXGD.INDX Daily Candlestick Chart
    AXAT.INDX
    2 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of AXAT.INDX.

    AXAT.INDX Daily Candlestick Chart
    AXAHY.OTCQX
    2 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of AXAHY.OTCQX.

    AXAHY.OTCQX Daily Candlestick Chart
    AW06.INDX
    3 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of AW06.INDX.

    AW06.INDX Daily Candlestick Chart
    AW02.INDX
    3 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of AW02.INDX.

    AW02.INDX Daily Candlestick Chart
    ATF.INDX
    7 minutes ago

    I found you a Golden Cross on the daily chart of ATF.INDX.

    ATF.INDX Daily Candlestick Chart
    ASCCY.PINK
    9 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of ASCCY.PINK.

    ASCCY.PINK Daily Candlestick Chart
    ARB.LSE
    12 minutes ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of ARB.LSE.

    ARB.LSE Daily Candlestick Chart
    ARCK.NASDAQ
    12 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of ARCK.NASDAQ.

    ARCK.NASDAQ Daily Candlestick Chart
    APRU.PINK
    13 minutes ago

    I found you a STOCH Bearish Reversal Divergence on the daily chart of APRU.PINK.

    APRU.PINK Daily Candlestick Chart
    AORD.INDX
    14 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of AORD.INDX.

    AORD.INDX Daily Candlestick Chart
    AGM.LSE
    24 minutes ago

    I found you a RSI Bullish Reversal Divergence on the daily chart of AGM.LSE.

    AGM.LSE Daily Candlestick Chart
    AET.LSE
    27 minutes ago

    I found you a STOCH Bullish Hidden Divergence on the daily chart of AET.LSE.

    AET.LSE Daily Candlestick Chart
    AEX.INDX
    27 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of AEX.INDX.

    AEX.INDX Daily Candlestick Chart
    ACKB.BR
    31 minutes ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of ACKB.BR.

    ACKB.BR Daily Candlestick Chart
    3SIL.LSE
    49 minutes ago

    I found you a MACD Bearish Reversal Divergence on the daily chart of 3SIL.LSE.

    3SIL.LSE Daily Candlestick Chart
    0R40.LSE
    1 hour ago

    I found you a Death Cross on the daily chart of 0R40.LSE.

    0R40.LSE Daily Candlestick Chart
    0QGU.LSE
    1 hour ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of 0QGU.LSE.

    0QGU.LSE Daily Candlestick Chart
    0QHL.LSE
    1 hour ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of 0QHL.LSE.

    0QHL.LSE Daily Candlestick Chart
    0QGU.IL
    1 hour ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of 0QGU.IL.

    0QGU.IL Daily Candlestick Chart
    0Q7S.LSE
    1 hour ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of 0Q7S.LSE.

    0Q7S.LSE Daily Candlestick Chart
    0O8F.LSE
    1 hour ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of 0O8F.LSE.

    0O8F.LSE Daily Candlestick Chart
    0NX0.LSE
    1 hour ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of 0NX0.LSE.

    0NX0.LSE Daily Candlestick Chart
    0MPM.LSE
    2 hours ago

    I found you a STOCH Bullish Hidden Divergence on the daily chart of 0MPM.LSE.

    0MPM.LSE Daily Candlestick Chart