DB GOLD SHORT ETN (DGZ) Stock Technical Analysis
NYSEARCA:DGZ - NYSE Arca - US25154H7310 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to DGZ. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, DGZ is a bad performer in the overall market: 78% 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. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
DGZ is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: DGZ has an average volume of 5968 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
DGZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.91, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DGZ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.72
8.68
We found 1 important support area.
- A support zone ranging from 6.79 to 6.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 7.36 to 7.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.74 to 7.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.02 to 8.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.35 from a trend line in the daily time frame.
- A resistance zone ranging from 8.55 to 8.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.34
Mansfield-1.67
10 Day High7.42
10 Day Low6.58
20 Day High8.04
20 Day Low6.58
52 Week High9.39
52 Week Low6.58
Performance
1 Week0.69%
2 Weeks-1.28%
1 Month-5.2%
3 Month-14.12%
6 Month-13.16%
12 Month-24.49%
2 Year-29.58%
3 Year-30.53%
5 Year-36.44%
10 Year-55.03%
15 Year-61.31%
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)0.01
RSI(14)42.11
LBB6.74
UBB7.17
NYSEARCA:DGZ (5/2/2025, 8:04:00 PM)
6.9298
-0.05 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.65%
1 Week0.69%
2 Weeks-1.28%
1 Month-5.2%
3 Month-14.12%
6 Month-13.16%
12 Month-24.49%
2 Year-29.58%
3 Year-30.53%
5 Year-36.44%
10 Year-55.03%
15 Year-61.31%
Volatility
ATR(14)0.33
ATR(20)%5.42%
ATR Inc-36.73%
Range Today0.16
ADR(20)0.37
ADR(20)%5.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.34
Mansfield-1.67
10 Day High7.42
10 Day Low6.58
20 Day High8.04
20 Day Low6.58
52 Week High9.39
52 Week Low6.58
CS1 End6.91
CR1 Start7.36
Volume & EV
DER(3)3.54%
DER(5)-5.12%
Volume12.00K
Volume Incr16.36%
Vol(5)12.80K
Vol(50)5.97K