FIRST TRUST DORSEY WRIGHT MO (DDIV) Stock Technical Analysis
USA - NASDAQ:DDIV - US33738R6962 - ETF
Overall DDIV gets a technical rating of 5 out of 10. In the last year, DDIV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, DDIV does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 40.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.46, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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32.81
When analyzing the support we can see 5 important areas.
- A support zone ranging from 38.64 to 39.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.90 from a horizontal line in the daily time frame.
- Support @37.03 from a horizontal line in the daily time frame.
- Support @35.35 from a trend line in the weekly time frame.
- Support @33.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.42 to 41.01. 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 | UP | POSITIVE | The long term trend for DDIV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DDIV is neutral. |
| ChartMill Relative Strength | 53.3 | NEUTRAL | DDIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DDIV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DDIV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DDIV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.63 | NEUTRAL | The RSI value for DDIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DDIV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.32 | NEUTRAL | The Stochastics value for DDIV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for DDIV suggests low volalility. |
| Average Directional Index/ADX (14) | 20.21 | NEUTRAL | The ADX value for DDIV suggests a possible start of a new trend. |
NASDAQ:DDIV (10/21/2025, 10:50:19 AM)
39.725
+0.16 (+0.41%)