DB GOLD SHORT ETN (DGZ) Stock Technical Analysis
USA - NYSEARCA:DGZ - US25154H7310 - ETF
5.8642 USD
+0.04 (+0.67%)
5.85 USD
-0.01 (-0.24%)
Taking everything into account, DGZ scores 0 out of 10 in our technical rating. DGZ 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, DGZ is a bad performer in the overall market: 89% of all stocks are doing better.
DGZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: DGZ has an average volume of 4269 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month DGZ has a been trading in the 5.53 - 6.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
DGZ has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
5.81
7.20
6 important resistance areas can be observed.
- A resistance zone ranging from 5.98 to 5.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.12 to 6.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.36 to 6.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.75 from a horizontal line in the daily time frame.
- Resistance @6.94 from a trend line in the weekly time frame.
- Strong resistance @7.13 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 | DOWN | NEGATIVE | The long term trend for DGZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DGZ is down. |
| ChartMill Relative Strength | 11.79 | NEGATIVE | DGZ has a low relative strength, it was outperformed by 88.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DGZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DGZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DGZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.28 | NEUTRAL | The RSI value for DGZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DGZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.85 | NEUTRAL | The Stochastics value for DGZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for DGZ suggests some volalility. |
| Average Directional Index/ADX (14) | 11.2 | NEGATIVE | The low ADX value for DGZ suggests a weak or negative trend. |
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)
5.8642
+0.04 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.67%
1 Week-2.67%
2 Weeks-6.39%
1 Month-7.76%
3 Month-13.31%
6 Month-16.46%
12 Month-30.23%
2 Year-42.2%
3 Year-48.98%
5 Year-41.53%
10 Year-63.23%
15 Year-63.03%
Volatility
ATR(14)0.26
ATR(20)%3.6%
ATR Inc79.89%
Range Today0.44
ADR(20)0.17
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.79
Mansfield-2.71
10 Day High6.53
10 Day Low5.53
20 Day High6.53
20 Day Low5.53
52 Week High8.79
52 Week Low5.53
CS1 EndN/A
CR1 Start5.98
Volume & EV
DER(3)-10.42%
DER(5)-2.17%
Volume1.70K
Volume Incr2195.24%
Vol(5)31.54K
Vol(50)4.27K