FIRST TRUST DORSEY WRIGHT MO (DDIV) Stock Technical Analysis
NASDAQ:DDIV - Nasdaq - US33738R6962 - ETF - Currency: USD
Overall DDIV gets a technical rating of 6 out of 10. DDIV has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: DDIV has an average volume of 11266 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
DDIV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DDIV is lagging the market slightly.
When comparing the performance of all stocks over the past year, DDIV turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
In the last month DDIV has a been trading in a tight range between 37.53 and 38.79.
DDIV has an average technical rating and the quality of the presented setup is also not ideal 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
32.81
40.47
4 important support areas can be observed.
- A support zone ranging from 37.72 to 38.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.85 to 37.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @35.07 from a trend line in the weekly time frame.
- A support zone ranging from 33.14 to 33.98. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.07 to 40.07. This zone is formed by a combination of multiple trend lines in the daily 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 DDIV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DDIV is up. |
| ChartMill Relative Strength | 60.4 | NEUTRAL | DDIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DDIV is above the rising 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) | 59.32 | NEUTRAL | The RSI value for DDIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DDIV has a positive trend. |
| Stochastics (14,3) | 82.88 | OVERBOUGHT | The high Stochastics value suggests DDIV may be overbought. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for DDIV suggests low volalility. |
| Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for DDIV suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.80 | 37.78 | 1.02 (2.63%) | 25.00% |
| An entry @38.80. This is a Buy Stop order right above the 10 day high. | An exit @37.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.02 points, which is 2.63%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:DDIV (7/22/2025, 8:00:36 PM)
38.6566
+0.21 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.54%
1 Week2%
2 Weeks1.34%
1 Month2.43%
3 Month7.92%
6 Month-4.25%
12 Month10.4%
2 Year31.87%
3 Year23.18%
5 Year86.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%0.79%
ATR Inc-6.92%
Range Today0.2
ADR(20)0.24
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.4
Mansfield-0.5
10 Day High38.79
10 Day Low37.79
20 Day High38.79
20 Day Low37.53
52 Week High41.08
52 Week Low32.06
CS1 End38.64
CR1 Start40.07
Volume & EV
DER(3)0.81%
DER(5)2.36%
Volume16.50K
Volume Incr88.53%
Vol(5)13.48K
Vol(50)11.27K