Wednesday, November 18, 2009

Top 20 Leveraged ETFS To Buy And To Sell

We track all leveraged ETFs on the market here.

We computed the daily, weekly, and monthly RSI values of all leveraged ETFs in the U.S stock market. Here are the top 20 most oversold, and most overbought, ordered by the daily RSi7.

Since leveraged ETFs should only be used in the short term, this can provide a good indication of what is overbought and oversold, i.e, what to buy and what to sell.

The lists show the ETF symbol, ETF name, last price, and RSI7 daily, weekly, and monthly values, as well as the average trading volume on each. All those with a zero volume average have been removed.

Top 20 Oversold ETFs:

(please cick to enlarge)

The most oversold ETFs are in the ultra short gold and technology sectors, and also short bonds, general indices. In other words, pretty much everything is currently overbought in the market.

Top 20 Overbought ETFs (in reverse order):

Not surprisingly, the most oversold ETFs are in the ultra long gold and technology sectors, as well as general indices.

Note: You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).

Please do your own due dilligence.

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Orion said...

Hi S.Investor,

For me this classification (Top Oversold / Top Overbought) is a bit confusing, because in your set you have Ultralongs and Ultrashorts ETFs.
Wouldn't it have more sense to divide the set into two subgroups, one for only Ultralongs Etfs and the other for only Ultrashorts Etfs?

Congratulations for your blog, it is a pleasure to read you. I enjoy your straddles...

The Shocked Investor said...

Thank you Orion. You are correct, you have to twist your head with the ultra shorts. And then there are puts on those too, those are even more fun. I'll see if if I find a way to split the longs from the shorts.

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