DRX DLY AERO & DEF BULL 3X (DFEN) Stock Technical Analysis
NYSEARCA:DFEN - NYSE Arca - US25460E6611 - ETF - Currency: USD
Overall DFEN gets a technical rating of 9 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, DFEN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
DFEN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DFEN has a been trading in the 46.49 - 59.41 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that DFEN is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although DFEN 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
51.36
58.99
When analyzing the support we can see 2 important areas.
- Support @54.50 from a horizontal line in the daily time frame.
- Support @51.88 from a trend line 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 DFEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DFEN is up. |
| ChartMill Relative Strength | 96.36 | POSITIVE | DFEN has a high relative strength, it outperformed 96.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DFEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DFEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DFEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.52 | NEUTRAL | The RSI value for DFEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests DFEN has a positive trend. |
| Stochastics (14,3) | 74.81 | NEUTRAL | The Stochastics value for DFEN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.08 | MEDIUM VOLATILITY | The ATR as a percentage value for DFEN suggests some volalility. |
| Average Directional Index/ADX (14) | 28.32 | POSITIVE | The high ADX value value for DFEN suggests a strong 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)
58.41
+3.9 (+7.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.15%
1 Week3.18%
2 Weeks12.37%
1 Month25.34%
3 Month98%
6 Month72.1%
12 Month90.01%
2 Year176.83%
3 Year236.46%
5 Year462.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.45
ATR(20)%4.08%
ATR Inc80.23%
Range Today2.94
ADR(20)2.19
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.36
Mansfield5.15
10 Day High59.42
10 Day Low50
20 Day High59.42
20 Day Low46.49
52 Week High59.42
52 Week Low17.64
CS1 End54.5
CR1 StartN/A
Volume & EV
DER(3)0.7%
DER(5)0.07%
Volume384.75K
Volume Incr28.98%
Vol(5)420.81K
Vol(50)282.48K