Overall DIV gets a technical rating of 1 out of 10. DIV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
DIV has a bad technical rating, but it does show 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. There is a support zone below the current price at 17.41, a Stop Loss order could be placed below this zone.
More info and screens
16.32
We found 3 important support areas.
- A support zone ranging from 17.33 to 17.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.85 to 16.96. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 16.48 to 16.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 17.45 to 18.09. 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 | DOWN | NEGATIVE | The long term trend for DIV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DIV is down. |
| ChartMill Relative Strength | 32.51 | NEUTRAL | DIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DIV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DIV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DIV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.98 | NEUTRAL | The RSI value for DIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DIV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.1 | OVERSOLD | The low Stochastics value suggests DIV may be oversold. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for DIV suggests low volalility. |
| Average Directional Index/ADX (14) | 13.42 | NEGATIVE | The low ADX value for DIV suggests a weak or negative trend. |
17.41
-0.04 (-0.23%)
GLOBAL X SUPERDIVIDEND USE / DIV FAQ
What is the technical rating for DIV stock?
ChartMill assigns a technical rating of 1 / 10 to DIV.
What is the current trend direction of GLOBAL X SUPERDIVIDEND USE (DIV) stock?
The current trend direction for GLOBAL X SUPERDIVIDEND USE (DIV) is Bearish.
What is the RSI signal for GLOBAL X SUPERDIVIDEND USE (DIV) stock?
GLOBAL X SUPERDIVIDEND USE (DIV) has an RSI value of 45.9787. This indicates that the stock is currently neutral.
What is the MACD signal for DIV stock?
The MACD indicator for GLOBAL X SUPERDIVIDEND USE (DIV) has a value of -0.0287865, indicating a bearish trend.
What is the buy/sell signal for DIV stock?
The buy/sell signal for GLOBAL X SUPERDIVIDEND USE (DIV) is sell as both the short term and long term trends are negative.