BTD CAPITAL FUND (DIP) Stock Technical Analysis
USA - NYSE:DIP - US26922B6341 - ETF
29.83 USD
0 (0%)
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.
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. On top of that, DIP also shows a nice and consistent pattern of rising prices.
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.
Besides having an excellent technical rating, DIP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
22.91
30.41
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.
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. |
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)
NYSE:DIP (5/29/2024, 8:04:01 PM)
29.83
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.22%
2 Weeks0.53%
1 Month4.3%
3 Month9.72%
6 Month18.15%
12 Month26.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.42%
ATR Inc-92.88%
Range Today0
ADR(20)0.03
ADR(20)%0.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.19
Mansfield0.09
10 Day High30.02
10 Day Low29.81
20 Day High30.02
20 Day Low28.26
52 Week High30.02
52 Week Low22.67
CS1 End28.6
CR1 Start29.88
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-62.16%
Vol(5)140
Vol(50)256