VS 3X Inv Gold (DGLD) Stock Technical Analysis
USA - NASDAQ:DGLD -
Taking everything into account, DGLD scores 0 out of 10 in our technical rating. DGLD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
DGLD has a poor technical rating and the quality of the setup is also 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
14.80
We found 1 important support area.
- A support zone ranging from 14.95 to 15.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.19 to 16.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.38 from a trend line in the weekly time frame.
- Resistance @25.93 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for DGLD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DGLD is down. |
| ChartMill Relative Strength | 2.97 | NEGATIVE | DGLD has a low relative strength, it was outperformed by 97.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DGLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DGLD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DGLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.18 | NEUTRAL | The RSI value for DGLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DGLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.81 | OVERSOLD | The low Stochastics value suggests DGLD may be oversold. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for DGLD suggests some volalility. |
NASDAQ:DGLD (7/2/2020, 8:14:01 PM)
15.17
-0.18 (-1.17%)
VS 3X Inv Gold / DGLD FAQ
Can you provide the ChartMill technical rating for VS 3X Inv Gold?
ChartMill assigns a technical rating of 0 / 10 to DGLD.
What is the trend direction for DGLD stock?
The current trend direction for VS 3X Inv Gold (DGLD) is Bearish.
Can you provide the RSI signal for VS 3X Inv Gold?
VS 3X Inv Gold (DGLD) has an RSI value of 39.1847. This indicates that the stock is currently neutral.
What is the MACD signal for VS 3X Inv Gold (DGLD) stock?
The MACD indicator for VS 3X Inv Gold (DGLD) has a value of -0.0769012, indicating a bearish trend.
What is the support and resistance level for DGLD stock?
VS 3X Inv Gold (DGLD) has a support level at 15.16 and a resistance level at 16.19. Check the full technical report for our detailed analysis of DGLD support and resistance levels.