NUVEEN DOW 30 DYNAMIC OVERWR (DIAX) Technical Analysis
NYSE:DIAX • US67075F1057
Current stock price
DIAX Technical Rating and Analysis
Taking everything into account, DIAX scores 0 out of 10 in our technical rating. DIAX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, DIAX is a bad performer in the overall market: 75% of all stocks are doing better.
- DIAX 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.
- DIAX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DIAX is lagging the market.
DIAX Weekly and Daily overview Charts
DIAX Setup Rating and Analysis
DIAX 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
DIAX Support and Resistance Analysis
13.49
When analyzing the support we notice one important area.
- Support @13.63 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.20 to 14.30. 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 14.56 to 14.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.66 to 15.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
DIAX 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 DIAX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DIAX is down. |
| ChartMill Relative Strength | 25.79 | NEGATIVE | DIAX has a low relative strength, it was outperformed by 74.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DIAX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DIAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DIAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.16 | NEUTRAL | The RSI value for DIAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DIAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.15 | NEUTRAL | The Stochastics value for DIAX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for DIAX suggests low volalility. |
| Average Directional Index/ADX (14) | 42.39 | POSITIVE | The high ADX value value for DIAX suggests a strong trend. |
DIAX Chart- and CandleStick Pattern Analysis
DIAX Technicals: Chart, Performance Metrics, Trend & Indicators
14.1
-0.13 (-0.91%)
NUVEEN DOW 30 DYNAMIC OVERWR / DIAX TA FAQ
What is the technical rating for DIAX stock?
ChartMill assigns a technical rating of 0 / 10 to DIAX.
Can you provide the trend direction for NUVEEN DOW 30 DYNAMIC OVERWR?
The current trend direction for NUVEEN DOW 30 DYNAMIC OVERWR (DIAX) is Bearish.
Can you provide the RSI signal for NUVEEN DOW 30 DYNAMIC OVERWR?
NUVEEN DOW 30 DYNAMIC OVERWR (DIAX) has an RSI value of 30.1639. This indicates that the stock is currently neutral.
What is the MACD signal for NUVEEN DOW 30 DYNAMIC OVERWR (DIAX) stock?
The MACD indicator for NUVEEN DOW 30 DYNAMIC OVERWR (DIAX) has a value of -0.0358173, indicating a bearish trend.
What is the short term momentum for NUVEEN DOW 30 DYNAMIC OVERWR (DIAX) stock?
The short term momentum for NUVEEN DOW 30 DYNAMIC OVERWR (DIAX) is negative.