AMPLIFY CWP ENHAN DIVID ETF (DIVO) Stock Technical Analysis
NYSEARCA:DIVO - NYSE Arca - US0321084099 - ETF - Currency: USD
Overall DIVO gets a technical rating of 6 out of 10. In the last year, DIVO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
DIVO has only a medium 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 41.19, a Stop Loss order could be placed below this zone.
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36.80
2 important support areas can be observed.
- A support zone ranging from 40.64 to 41.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.17 to 38.76. 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 41.43 to 42.89. 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 DIVO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DIVO is up. |
| ChartMill Relative Strength | 58.1 | NEUTRAL | DIVO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DIVO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DIVO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DIVO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.18 | NEUTRAL | The RSI value for DIVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DIVO has a negative trend. |
| Stochastics (14,3) | 57.74 | NEUTRAL | The Stochastics value for DIVO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for DIVO suggests low volalility. |
| Average Directional Index/ADX (14) | 10.38 | NEGATIVE | The low ADX value for DIVO suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 41.87 | 41.32 | 0.56 (1.33%) | 25.00% |
| An entry @41.87. This is a Buy Stop order right above the 10 day high. | An exit @41.32. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.56 points, which is 1.33%. | For a 0.33% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
41.43
-0.04 (-0.1%)