Deutsche X-trackers MSCI Mexico Hdgd Eq (DBMX) Stock Technical Analysis
NYSEARCA:DBMX - NYSE Arca -
We assign a technical rating of 0 out of 10 to DBMX. DBMX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, DBMX is a bad performer in the overall market: 80% of all stocks are doing better.
DBMX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month DBMX has a been trading in the 17.69 - 19.50 range, which is quite wide. It is currently trading near the lows of this range.
Warning: DBMX has an average volume of 942 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of DBMX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.57
20.46
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.73 to 19.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.26 to 20.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for DBMX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DBMX is down. |
| ChartMill Relative Strength | 20.35 | NEGATIVE | DBMX has a low relative strength, it was outperformed by 79.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DBMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DBMX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DBMX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 20.15 | OVERSOLD | The low RSI value suggests DBMX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests DBMX has a negative trend. |
| Stochastics (14,3) | 1.12 | OVERSOLD | The low Stochastics value suggests DBMX may be oversold. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for DBMX suggests low volalility. |
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)
Deutsche X-trackers MSCI Mexico Hdgd Eq
NYSEARCA:DBMX (5/31/2018, 8:47:55 PM)
17.75
-0.15 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.84%
1 Week-3.06%
2 Weeks-8.36%
1 Month-5.59%
3 Month-7.41%
6 Month-10.13%
12 Month-13.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.71%
ATR Inc111.97%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.35
Mansfield-1.58
10 Day High18.59
10 Day Low17.69
20 Day High19.5
20 Day Low17.69
52 Week High21.63
52 Week Low17.69
CS1 EndN/A
CR1 Start18.73
Volume & EV
DER(3)0%
DER(5)0%
Volume500
Volume Incr-89.6%
Vol(5)180
Vol(50)942