DELTASHARES S&P 600 MGD RISK (DMRS) Technical Analysis
NYSEARCA:DMRS
Current stock price
DMRS Technical Rating and Analysis
Overall DMRS gets a technical rating of 1 out of 10. 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.
DMRS Weekly and Daily overview Charts
DMRS Setup Rating and Analysis
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.
More info and screens
DMRS Support and Resistance Analysis
52.94
When analyzing the support we notice one important 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.
When analyzing the resistance we notice 3 important areas.
- 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.
DMRS 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DMRS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DMRS is down. |
| ChartMill Relative Strength | 51.5 | NEUTRAL | DMRS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DMRS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DMRS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.5 | NEUTRAL | The RSI value for DMRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DMRS has a negative trend. |
| Stochastics (14,3) | 13.54 | OVERSOLD | The low Stochastics value suggests DMRS may be oversold. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for DMRS suggests low volalility. |
DMRS Chart- and CandleStick Pattern Analysis
DMRS Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:DMRS (4/7/2022, 8:17:15 PM)
53.4943
+0.02 (+0.03%)
DELTASHARES S&P 600 MGD RISK / DMRS TA FAQ
What is the ChartMill technical rating of DELTASHARES S&P 600 MGD RISK (DMRS) stock?
ChartMill assigns a technical rating of 1 / 10 to DMRS.
Can you provide the trend direction for DELTASHARES S&P 600 MGD RISK?
The current trend direction for DELTASHARES S&P 600 MGD RISK (DMRS) is Bearish.
What is the RSI signal for DMRS stock?
DELTASHARES S&P 600 MGD RISK (DMRS) has an RSI value of 38.4953. This indicates that the stock is currently neutral.
What is the MACD signal for DMRS stock?
The MACD indicator for DELTASHARES S&P 600 MGD RISK (DMRS) has a value of -0.101318, indicating a bearish trend.
What is the buy/sell signal for DMRS stock?
The buy/sell signal for DELTASHARES S&P 600 MGD RISK (DMRS) is sell as both the short term and long term trends are negative.