MLCX Grains Index TR ETN Elements (GRU) |
|
4.14 0.055 (1.35%)
|
01-17 17:02 |
|
Open: |
4.3 |
Pre. Close: |
4.085 |
|
High:
|
4.1999 |
Low:
|
4.09 |
|
Volume:
|
6,067 |
Market Cap:
|
0M |
|
|
|
|
The investment seeks to replicate, net of expenses, the MLCX Grains Total Return Index.
The index is designed reflect the performance of a fully collateralized investment in the four exchange-traded futures contracts on four physical commodities: corn, soybeans, soy meal and wheat. |
Stock Price Prediction |
Update at 5:00pm EST |
|
If tomorrow:
|
Open lower
|
Open higher
|
|
High:
|
4.303 - 4.324 |
4.324 - 4.343 |
|
Low:
|
4.039 - 4.062 |
4.062 - 4.083 |
|
Close:
|
4.053 - 4.088 |
4.088 - 4.122 |
|
Technical analysis |
as of: 2021-01-15 4:41:11 PM |
|
Overall:
|
 |
| Stoxline posted a BUY today, same as yesterday. Upward movement continues. |
| Target: |
Six months: 5.02 One year: 5.87 |
| Support: |
Support1: 3.56 Support2: 3.11 |
| Resistance: |
Resistance1: 4.30 Resistance2: 5.02 |
| Pivot: |
3.68  |
| Moving Average: |
MA(5): 3.96 MA(20): 3.58
MA(100): 3.19 MA(250): 2.97 |
| MACD: |
MACD(12,26): 0.19 Signal(9): 0.12 |
| Stochastic oscillator: |
%K(14,3): 85.26  %D(3): 84.81 |
| RSI: |
RSI(14): 74.95 |
| 52-week: |
High: 4.30 Low: 2.46 Change(%): 29.1 |
| Average Vol(K): |
3-Month: 386 10-Days: 936 |
|
Price, moving averages and Bollinger Bands |
|
Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.GRU has closed below upper band by 7.2%. Bollinger Bands are 162.3% wider than normal. The large width of the bands suggest high volatility as compared to GRU's normal range. The bands have been in this wide range for 3 bars. This is a sign that the current trend might continue. |
|
|
Headline News |
Thu, 26 Nov 2020
Happy Thanksgiving - 3 Reasons For Meats To Move Higher In 2021 - Seeking Alpha
Wed, 28 Oct 2020
Corn Is Popping- Bullish Prospects For The Food And Fuel - Seeking Alpha
Fri, 23 Oct 2020
ETF Inflows March Higher Despite Rising Yields - ETF.com
Fri, 16 Oct 2020
ETF Inflows Top $350B - ETF.com
Tue, 22 Sep 2020
WEAT: Dangerously Expensive - Seeking Alpha
Thu, 27 Aug 2020
WEAT: Little Potential For Further Growth - Seeking Alpha
|
Financial Analysis |
| Growth |
n/a |
| Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing. |
| Profitability |
n/a |
| Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs. |
| Solvency |
n/a |
| Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry. |
| Efficiency |
n/a |
| Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not. |
| Price to Book Value: |
Neutral |
Discounted cash flow: |
Neutral |
| Return on Assets: |
Neutral |
Price to Earnings: |
Neutral |
| Return on Equity: |
Neutral |
Debt to Equity: |
Neutral |
|
