GLOBAL X SUPERDIVIDEND USE (DIV) Stock Technical Analysis
USA - NYSEARCA:DIV - US37950E2919 - ETF
17.19 USD
+0.11 (+0.64%)
17.16 USD
-0.03 (-0.17%)
Overall DIV gets a technical rating of 0 out of 10. DIV'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, DIV is a bad performer in the overall market: 74% of all stocks are doing better.
DIV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month DIV has a been trading in a tight range between 16.84 and 17.82.
Volume is considerably higher in the last couple of days.
DIV has a poor technical rating and the quality of the setup is also not perfect 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
16.37
18.83
When analyzing the support we notice one important area.
- A support zone ranging from 16.54 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.37 to 18.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @18.64 from a horizontal line in the daily time frame.
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 | 26.57 | NEGATIVE | DIV has a low relative strength, it was outperformed by 73.43% off all stocks 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) | DOWN | NEGATIVE | The current price of DIV is below a declining 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) | 42.84 | 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) | 31.97 | NEUTRAL | The Stochastics value for DIV is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for DIV suggests low volalility. |
| Average Directional Index/ADX (14) | 20.63 | NEUTRAL | The ADX value for DIV suggests a possible start of a new 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)
17.19
+0.11 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week2.02%
2 Weeks-2.5%
1 Month-2.22%
3 Month-2.83%
6 Month-2.16%
12 Month-8.22%
2 Year9.91%
3 Year-10.47%
5 Year14.6%
10 Year-31.95%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1%
ATR Inc-8.27%
Range Today0.13
ADR(20)0.16
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.57
Mansfield-1.41
10 Day High17.61
10 Day Low16.84
20 Day High17.82
20 Day Low16.84
52 Week High19.38
52 Week Low16.19
CS1 End16.85
CR1 Start17.37
Volume & EV
DER(3)-2.6%
DER(5)-2.28%
Volume175.40K
Volume Incr72.36%
Vol(5)369.60K
Vol(50)216.20K