NYSEARCA:DFEN - NYSE Arca - US25460E6611 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to DFEN. 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.
DFEN has an excellent technical rating, but the quality of the setup is only medium 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.
52.64
3 important support areas can be observed.
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 | 96.16 | POSITIVE | DFEN has a high relative strength, it outperformed 96.16% 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) | 65.91 | NEUTRAL | The RSI value for DFEN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DFEN has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 87.05 | OVERBOUGHT | The high Stochastics value suggests DFEN may be overbought. |
Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for DFEN suggests some volalility. |
Average Directional Index/ADX (14) | 27.49 | POSITIVE | The high ADX value value for DFEN suggests a strong trend. |
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 |
---|---|---|---|
61.01 | 56.88 | 4.13 (6.77%) | 14.77% |
An entry @61.01. This is a Buy Stop order right above the 10 day high. | An exit @56.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.13 points, which is 6.77%. | When investing 14.77% of your capital in this trade, your total portfolio risk will be 1.00%. |
58.5
-0.83 (-1.4%)