Taking everything into account, DFEN scores 10 out of 10 in our technical rating. 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.
Although DFEN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
53.96
5 important support areas can be observed.
- A support zone ranging from 66.61 to 67.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.39 to 65.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @60.24 from a trend line in the daily time frame.
- Support @56.72 from a horizontal line in the daily 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 | 97.52 | POSITIVE | DFEN has a high relative strength, it outperformed 97.52% 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) | 68.61 | NEUTRAL | The RSI value for DFEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.57 | POSITIVE | The MACD value suggests DFEN has a positive trend. |
| Stochastics (14,3) | 76.68 | NEUTRAL | The Stochastics value for DFEN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for DFEN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.28 | NEUTRAL | The ADX value for DFEN suggests a possible start of a new trend. |
80.87
+5.52 (+7.33%)
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 10 / 10 to DFEN.
What is the current trend direction of DRX DLY AERO & DEF BULL 3X (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 68.6135. This indicates that the stock is currently neutral.
What is the buy/sell signal for DRX DLY AERO & DEF BULL 3X (DFEN) stock?
The buy/sell signal for DRX DLY AERO & DEF BULL 3X (DFEN) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for DRX DLY AERO & DEF BULL 3X?
DRX DLY AERO & DEF BULL 3X (DFEN) has a support level at 67.22. Check the full technical report for our detailed analysis of DFEN support and resistance levels.