Taking everything into account, DFEN scores 4 out of 10 in our technical rating. In the last year, DFEN was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
DFEN 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.
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56.11
We found 2 important support areas.
- A support zone ranging from 58.50 to 59.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 56.68 to 56.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 62.12 to 63.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 DFEN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DFEN is down. |
| ChartMill Relative Strength | 91.53 | POSITIVE | DFEN has a high relative strength, it outperformed 91.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DFEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DFEN is below a declining 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) | 47.55 | NEUTRAL | The RSI value for DFEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests DFEN has a positive trend. |
| Stochastics (14,3) | 46.18 | NEUTRAL | The Stochastics value for DFEN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for DFEN suggests high volalility. |
| Average Directional Index/ADX (14) | 19.84 | NEGATIVE | The low ADX value for DFEN suggests a weak or negative trend. |
61.97
+2.72 (+4.59%)
DRX DLY AERO & DEF BULL 3X / DFEN FAQ
Can you provide the ChartMill technical rating for DRX DLY AERO & DEF BULL 3X?
ChartMill assigns a technical rating of 4 / 10 to DFEN.
What is the trend direction for DFEN stock?
The current trend direction for DRX DLY AERO & DEF BULL 3X (DFEN) is Bullish.
Can you provide the RSI signal for DRX DLY AERO & DEF BULL 3X?
DRX DLY AERO & DEF BULL 3X (DFEN) has an RSI value of 47.546. This indicates that the stock is currently neutral.
What is the buy/sell signal for DFEN stock?
The buy/sell signal for DRX DLY AERO & DEF BULL 3X (DFEN) is hold as the short term and long term trends are mixed.
What is the support and resistance level for DFEN stock?
DRX DLY AERO & DEF BULL 3X (DFEN) has a support level at 59.43 and a resistance level at 62.12. Check the full technical report for our detailed analysis of DFEN support and resistance levels.