DRX DLY AERO & DEF BULL 3X (DFEN) Stock Technical Analysis
USA - NYSEARCA:DFEN - US25460E6611 - ETF
65.01 USD
-5.42 (-7.7%)
65.8556 USD
+0.85 (+1.3%)
Overall DFEN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, DFEN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
DFEN 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 DFEN is lagging the market slightly.
Looking at the yearly performance, DFEN did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month DFEN has a been trading in the 59.48 - 75.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although DFEN has an excellent technical rating, it does not offer a high 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
53.96
65.66
We found 4 important support areas.
- A support zone ranging from 64.53 to 65.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 61.36 to 62.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @56.33 from a horizontal line in the weekly time frame.
- Support @54.51 from a horizontal 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 | 91.56 | POSITIVE | DFEN has a high relative strength, it outperformed 91.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DFEN is below 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) | 49.05 | NEUTRAL | The RSI value for DFEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DFEN has a negative trend. |
| Stochastics (14,3) | 62.43 | NEUTRAL | The Stochastics value for DFEN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for DFEN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.84 | NEUTRAL | The ADX value for DFEN suggests a possible start of a new 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)
65.01
-5.42 (-7.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.7%
1 Week-6.01%
2 Weeks-0.58%
1 Month9.48%
3 Month23.52%
6 Month144.58%
12 Month72.08%
2 Year297.62%
3 Year258.97%
5 Year631.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.45
ATR(20)%4.87%
ATR Inc94.04%
Range Today6.19
ADR(20)2.99
ADR(20)%4.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.56
Mansfield4.63
10 Day High75.19
10 Day Low64.1
20 Day High75.19
20 Day Low59.48
52 Week High75.19
52 Week Low17.64
CS1 End65
CR1 StartN/A
Volume & EV
DER(3)-9.74%
DER(5)-5.81%
Volume363.70K
Volume Incr25.87%
Vol(5)270.50K
Vol(50)230.72K