Natural Gas -3X Inverse ETN Velocityshares (DGAZ)
We assign a technical rating of 10 out of 10 to DGAZ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DGAZ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DGAZ is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by DGAZ over the past year are nicely spread over this period.
DGAZ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DGAZ is performing more or less in line with the market.
In the last month DGAZ has a been trading in the 303.42 - 589.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DGAZ 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.
More info and screens
256.88
456.83
3 important support areas can be observed.
- A support zone ranging from 422.58 to 428.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @402.23 from a horizontal line in the daily time frame.
- Support @259.47 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.07
Mansfield8.77
10 Day High589.39
10 Day Low390
20 Day High589.39
20 Day Low303.42
52 Week High589.39
52 Week Low85.41
Performance
1 Week5.43%
2 Weeks-18.33%
1 Month51.98%
3 Month73.17%
6 Month154.68%
12 Month247.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-6.36
RSI(14)58.78
LBB353.81
UBB533.95
Natural Gas -3X Inverse ETN Velocityshares
NYSEARCA:DGAZ (7/10/2020, 7:11:57 PM)
After market: 445 -7.31 (-1.62%)452.31
+22.81 (+5.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.31%
1 Week5.43%
2 Weeks-18.33%
1 Month51.98%
3 Month73.17%
6 Month154.68%
12 Month247.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)45.47
ATR(20)%9.33%
ATR Inc
Range Today41.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High589.39
10 Day Low390
20 Day High589.39
20 Day Low303.42
52 Week High589.39
52 Week Low85.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume22.00K
Volume Incr-93.18%
Vol(5)21.28K
Vol(50)612.80K