Logo image of DMRM

DELTASHARES S&P 400 MGD RISK (DMRM) Stock Technical Analysis

USA - NYSEARCA:DMRM - ETF

55.2224
-0.38 (-0.68%)
Last: 4/7/2022, 8:17:15 PM
Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to DMRM. DMRM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
DMRM is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
Warning: DMRM has an average volume of 676 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When compared to the yearly performance of all other stocks, DMRM outperforms 51% of them, which is more or less in line with the market.
In the last month DMRM has a been trading in a tight range between 55.20 and 56.97.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DELTASHARES S&P 400 MGD RISK / DMRM Weekly stock chart
DELTASHARES S&P 400 MGD RISK / DMRM Daily stock chart
Setup Rating and Analysis

2

The technical rating of DMRM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

54.66

63.56

We found 1 important support area.

  • A support zone ranging from 55.21 to 55.21. 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 55.44 to 57.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 62.80 to 62.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for DMRM is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for DMRM is down.
ChartMill Relative Strength51.16NEUTRALDMRM is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of DMRM is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of DMRM is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of DMRM is below a declining SMA(200).
Relative Strength Index/RSI (14)36.9NEUTRALThe RSI value for DMRM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.08NEGATIVEThe MACD value suggests DMRM has a negative trend.
Stochastics (14,3)5.05OVERSOLDThe low Stochastics value suggests DMRM may be oversold.
Average True Range in percent/ATR (20)0.57LOW VOLATILITYThe low ATR as a percentage value for DMRM suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
DELTASHARES S&P 400 MGD RISK / DMRM Daily stock chart

DELTASHARES S&P 400 MGD RISK

NYSEARCA:DMRM (4/7/2022, 8:17:15 PM)

55.2224

-0.38 (-0.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.68%
1 Week-1.92%
2 Weeks-2.09%
1 Month-1.87%
3 Month-7.53%
6 Month-5.17%
12 Month-5.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%0.57%
ATR Inc84.28%
Range Today0.19
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.16
Mansfield-0.74
10 Day High56.94
10 Day Low55.2
20 Day High56.97
20 Day Low55.2
52 Week High62.93
52 Week Low55.2
CS1 End55.21
CR1 Start55.44
Volume & EV
DER(3)0%
DER(5)0%
Volume900
Volume Incr104.88%
Vol(5)420
Vol(50)676.1