Deutsche X-trackers MSCI South Kor H Eq (DBKO) Technical Analysis
NYSEARCA:DBKO
Current stock price
DBKO Technical Rating and Analysis
Overall DBKO gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DBKO is only an average performer.
- 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 comparing the performance of all stocks over the past year, DBKO turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- DBKO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DBKO is lagging the market slightly.
- 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.
DBKO Weekly and Daily overview Charts
DBKO Setup Rating and Analysis
Although DBKO has an excellent technical rating, it does not offer a high quality setup 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
DBKO Support and Resistance Analysis
23.59
When analyzing the support we can see 3 important areas.
- 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.
DBKO 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.
| 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. |
DBKO Chart- and CandleStick Pattern Analysis
DBKO Technicals: Chart, Performance Metrics, Trend & Indicators
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 TA 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.