NYSEARCA:DEW - NYSE Arca - US97717W8771 - ETF - Currency: USD
Overall DEW gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DEW is showing a nice and steady performance.
Besides having an excellent technical rating, DEW also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 55.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 55.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DEW in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
49.10
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
55.72 | 54.52 | 1.20 (2.15%) | 25.00% |
An entry @55.72. This is a Buy Stop order right above the 10 day high. | An exit @54.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.20 points, which is 2.15%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.54%. |
NYSEARCA:DEW (5/9/2025, 8:04:00 PM)
55.424
+0.15 (+0.28%)