BTD CAPITAL FUND (DIP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DIP - US26922B6341 - ETF
Taking everything into account, DIP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DIP is showing a nice and steady performance.
Besides having an excellent technical rating, DIP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
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22.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 28.26 to 28.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.92 to 27.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.35 from a horizontal line in the daily time frame.
- Support @23.14 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.88 to 30.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for DIP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DIP is up. |
| ChartMill Relative Strength | 85.19 | POSITIVE | DIP has a high relative strength, it outperformed 85.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DIP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DIP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DIP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.92 | OVERBOUGHT | The high RSI value suggests DIP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DIP has a negative trend. |
| Stochastics (14,3) | 74 | NEUTRAL | The Stochastics value for DIP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.42 | LOW VOLATILITY | The low ATR as a percentage value for DIP suggests low volalility. |
| Average Directional Index/ADX (14) | 40.22 | POSITIVE | The high ADX value value for DIP suggests a strong trend. |
NYSE:DIP (5/29/2024, 8:04:01 PM)
29.83
0 (0%)
BTD CAPITAL FUND / DIP FAQ
Can you provide the ChartMill technical rating for BTD CAPITAL FUND?
ChartMill assigns a technical rating of 10 / 10 to DIP.
What is the trend direction for DIP stock?
The current trend direction for BTD CAPITAL FUND (DIP) is Bullish.
What is the RSI signal for DIP stock?
BTD CAPITAL FUND (DIP) has an RSI value of 70.9164. This indicates that the stock is currently overbought.
Can you provide the short term momentum for BTD CAPITAL FUND?
The short term momentum for BTD CAPITAL FUND (DIP) is positive.
What is the buy/sell signal for DIP stock?
The buy/sell signal for BTD CAPITAL FUND (DIP) is buy as both the short term and long term trends are positive.