NYSEARCA:DBGR - US2330514082 - ETF
We assign a technical rating of 8 out of 10 to DBGR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DBGR is only an average performer.
Although DBGR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
26.79
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DBGR is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBGR is up. |
ChartMill Relative Strength | 67.82 | NEUTRAL | DBGR is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBGR is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBGR is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBGR is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 76.95 | OVERBOUGHT | The high RSI value suggests DBGR may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DBGR has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 96.4 | OVERBOUGHT | The high Stochastics value suggests DBGR may be overbought. |
Average True Range in percent/ATR (20) | 0.47 | LOW VOLATILITY | The low ATR as a percentage value for DBGR suggests low volalility. |
Average Directional Index/ADX (14) | 38.98 | POSITIVE | The high ADX value value for DBGR suggests a strong trend. |
NYSEARCA:DBGR (3/13/2024, 4:10:00 PM)
34.51
+0 (+0.01%)