GLOBAL X US DOLLAR CURRENCY (DLR.CA) Stock Technical Analysis
Canada - TSX:DLR - CA3799481021 - ETF
Overall DLR gets a technical rating of 6 out of 10. Although DLR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DLR 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 resistance zone just above the current price starting at 14.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.27, a Stop Loss order could be placed below this zone.
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13.23
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.84 to 14.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.36 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.30 to 14.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.70 to 14.82. This zone is formed by a combination of multiple trend lines 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 DLR.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DLR.CA is up. |
| ChartMill Relative Strength | 27.87 | NEGATIVE | DLR.CA has a low relative strength, it was outperformed by 72.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DLR.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DLR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DLR.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.58 | NEUTRAL | The RSI value for DLR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DLR.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.22 | NEUTRAL | The Stochastics value for DLR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for DLR.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for DLR.CA 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 |
|---|---|---|---|
| 14.31 | 14.17 | 0.14 (0.98%) | 25.00% |
| An entry @14.31. This is a Buy Stop order right above the resistance zone. | An exit @14.17. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 0.98%. | For a 0.24% 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.
TSX:DLR (10/21/2025, 7:00:00 PM)
14.275
-0.02 (-0.14%)