VS 3X Inv Gold (DGLD) Technical Analysis
NASDAQ:DGLD
Current stock price
DGLD Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DGLD. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DGLD is a bad performer in the overall market: 98% of all stocks are doing better.
- DGLD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DGLD is lagging the market.
- In the last month DGLD has a been trading in the 14.79 - 18.65 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
DGLD Weekly and Daily overview Charts
DGLD Setup Rating and Analysis
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
DGLD Support and Resistance Analysis
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.
We can see 3 important resistance areas.
- 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.
DGLD Technical Indicator Signal Analysis
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. |
DGLD Chart- and CandleStick Pattern Analysis
DGLD Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:DGLD (7/2/2020, 8:14:01 PM)
15.17
-0.18 (-1.17%)
VS 3X Inv Gold / DGLD TA FAQ
Can you provide the ChartMill technical rating for VS 3X Inv Gold?
ChartMill assigns a technical rating of 0 / 10 to DGLD.
Can you provide the trend direction for VS 3X Inv Gold?
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.
Can you provide the short term momentum for VS 3X Inv Gold?
The short term momentum for VS 3X Inv Gold (DGLD) is negative.
What is the buy/sell signal for VS 3X Inv Gold (DGLD) stock?
The buy/sell signal for VS 3X Inv Gold (DGLD) is sell as both the short term and long term trends are negative.