Deutsche X-trackers MSCI South Kor H Eq (DBKO) Stock Technical Analysis
NYSEARCA:DBKO
Overall DBKO gets a technical rating of 8 out of 10. Although DBKO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: DBKO has an average volume of 1544 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.
- When compared to the yearly performance of all other stocks, DBKO outperforms 57% of them, which is more or less in line with the market.
- DBKO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DBKO is lagging the market.
- In the last month DBKO has a been trading in a tight range between 26.01 and 27.49.
- Volume is considerably higher in the last couple of days.
Although DBKO 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.
More info and screens
23.59
3 important support areas can be observed.
- A support zone ranging from 26.70 to 26.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 26.15 to 26.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.83 to 23.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 26.91 to 27.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.21 to 28.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 DBKO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBKO is up. |
| ChartMill Relative Strength | 57.14 | NEUTRAL | DBKO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBKO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBKO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DBKO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.6 | NEUTRAL | The RSI value for DBKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DBKO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.5 | NEUTRAL | The Stochastics value for DBKO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for DBKO suggests low volalility. |
Deutsche X-trackers MSCI South Kor H Eq
NYSEARCA:DBKO (11/12/2019, 8:04:02 PM)
26.9
-0.05 (-0.17%)
Deutsche X-trackers MSCI South Kor H Eq / DBKO FAQ
What is the technical rating for DBKO stock?
ChartMill assigns a technical rating of 8 / 10 to DBKO.
What is the trend direction for DBKO stock?
The current trend direction for Deutsche X-trackers MSCI South Kor H Eq (DBKO) is Bullish.
What is the RSI signal for DBKO stock?
Deutsche X-trackers MSCI South Kor H Eq (DBKO) has an RSI value of 56.6046. This indicates that the stock is currently neutral.
What is the MACD signal for Deutsche X-trackers MSCI South Kor H Eq (DBKO) stock?
The MACD indicator for Deutsche X-trackers MSCI South Kor H Eq (DBKO) has a value of 0.000682712, indicating a bearish trend.
What is the buy/sell signal for DBKO stock?
The buy/sell signal for Deutsche X-trackers MSCI South Kor H Eq (DBKO) is buy as both the short term and long term trends are positive.