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XTRACKERS MSCI GERMANY HEDGE (DBGR) Stock Technical Analysis

NYSEARCA:DBGR - US2330514082 - ETF

34.51 USD
+0 (+0.01%)
Last: 3/13/2024, 4:10:00 PM
Technical Rating and Analysis

8

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.

Warning: DBGR has an average volume of 758 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
DBGR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DBGR has a been trading in the 32.54 - 34.55 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, DBGR outperforms 67% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
XTRACKERS MSCI GERMANY HEDGE / DBGR Weekly stock chart
XTRACKERS MSCI GERMANY HEDGE / DBGR Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

26.79

34.90

3 important support areas can be observed.

  • A support zone ranging from 31.36 to 33.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @29.49 from a trend line in the weekly time frame.
  • Support @27.06 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 34.54 to 34.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for DBGR is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for DBGR is up.
ChartMill Relative Strength67.82NEUTRALDBGR is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of DBGR is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DBGR is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of DBGR is above the rising SMA(200).
Relative Strength Index/RSI (14)76.95OVERBOUGHTThe high RSI value suggests DBGR may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.04POSITIVEThe MACD value suggests DBGR has a positive trend, although the MACD value is declining.
Stochastics (14,3)96.4OVERBOUGHTThe high Stochastics value suggests DBGR may be overbought.
Average True Range in percent/ATR (20)0.47LOW VOLATILITYThe low ATR as a percentage value for DBGR suggests low volalility.
Average Directional Index/ADX (14)38.98POSITIVEThe high ADX value value for DBGR suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
XTRACKERS MSCI GERMANY HEDGE / DBGR Daily stock chart

XTRACKERS MSCI GERMANY HEDGE

NYSEARCA:DBGR (3/13/2024, 4:10:00 PM)

34.51

+0 (+0.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.01%
1 Week1.17%
2 Weeks2.46%
1 Month7.08%
3 Month7.54%
6 Month13.52%
12 Month18.51%
2 Year19.06%
3 Year9.24%
5 Year35.82%
10 Year34.23%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.47%
ATR Inc-97.35%
Range Today0
ADR(20)0.04
ADR(20)%0.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.82
Mansfield-0.35
10 Day High34.55
10 Day Low33.82
20 Day High34.55
20 Day Low32.54
52 Week High34.55
52 Week Low27.85
CS1 End33.72
CR1 Start34.54
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr266.04%
Vol(5)1.94K
Vol(50)758