Logo image of DMRS

DELTASHARES S&P 600 MGD RISK (DMRS) Stock Technical Analysis

USA - NYSEARCA:DMRS - ETF

53.4943
+0.02 (+0.03%)
Last: 4/7/2022, 8:17:15 PM
Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to DMRS. DMRS 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
DMRS 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: DMRS has an average volume of 896 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, DMRS turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
In the last month DMRS has a been trading in a tight range between 52.91 and 55.22.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DELTASHARES S&P 600 MGD RISK / DMRS Weekly stock chart
DELTASHARES S&P 600 MGD RISK / DMRS Daily stock chart
Setup Rating and Analysis

3

The technical rating of DMRS is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

52.94

61.45

We found 1 important support area.

  • A support zone ranging from 53.47 to 53.48. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 53.90 to 55.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @57.98 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 60.59 to 60.84. 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 DMRS is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for DMRS is down.
ChartMill Relative Strength51.5NEUTRALDMRS is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of DMRS is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of DMRS is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of DMRS is below a declining SMA(200).
Relative Strength Index/RSI (14)38.5NEUTRALThe RSI value for DMRS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.1NEGATIVEThe MACD value suggests DMRS has a negative trend.
Stochastics (14,3)13.54OVERSOLDThe low Stochastics value suggests DMRS may be oversold.
Average True Range in percent/ATR (20)0.77LOW VOLATILITYThe low ATR as a percentage value for DMRS 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 600 MGD RISK / DMRS Daily stock chart

DELTASHARES S&P 600 MGD RISK

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

53.4943

+0.02 (+0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week-1.82%
2 Weeks-1.88%
1 Month-2.37%
3 Month-7.27%
6 Month-6.75%
12 Month-5.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%0.77%
ATR Inc76.67%
Range Today0.67
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
CRS51.5
Mansfield-0.73
10 Day High55.11
10 Day Low52.91
20 Day High55.22
20 Day Low52.91
52 Week High61.24
52 Week Low52.91
CS1 End53.48
CR1 Start53.9
Volume & EV
DER(3)-3%
DER(5)-1.8%
Volume5.00K
Volume Incr326.32%
Vol(5)1.62K
Vol(50)896.1