BTD CAPITAL FUND (DIP) Technical Analysis
NYSE:DIP • US26922B6341
Current stock price
DIP Technical Rating and Analysis
Overall DIP gets a technical rating of 10 out of 10. 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.
- Warning: DIP has an average volume of 256 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that DIP is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by DIP over the past year are nicely spread over this period.
- DIP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- DIP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
DIP Weekly and Daily overview Charts
DIP Setup Rating and Analysis
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.
More info and screens
DIP Support and Resistance Analysis
22.91
We found 4 important support 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.
DIP 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 | 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. |
DIP Chart- and CandleStick Pattern Analysis
DIP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:DIP (5/29/2024, 8:04:01 PM)
29.83
0 (0%)
BTD CAPITAL FUND / DIP TA 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 current trend direction of BTD CAPITAL FUND (DIP) stock?
The current trend direction for BTD CAPITAL FUND (DIP) is Bullish.
What is the RSI signal for BTD CAPITAL FUND (DIP) stock?
BTD CAPITAL FUND (DIP) has an RSI value of 70.9164. This indicates that the stock is currently overbought.
What is the short term momentum for BTD CAPITAL FUND (DIP) stock?
The short term momentum for BTD CAPITAL FUND (DIP) is positive.
What is the buy/sell signal for BTD CAPITAL FUND (DIP) stock?
The buy/sell signal for BTD CAPITAL FUND (DIP) is buy as both the short term and long term trends are positive.