DMY TECHNOLOGY GROUP -CW23 (DMY.W) Stock Technical Analysis
NYSE:DMY.W - New York Stock Exchange, Inc. -
Overall DMY.W gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DMY.W has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, DMY.W did better than 99% of all other stocks. On top of that, DMY.W also shows a nice and consistent pattern of rising prices.
DMY.W is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DMY.W is lagging the market.
In the last month DMY.W has a been trading in the 1.50 - 2.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DMY.W has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.72, a Stop Loss order could be placed below this zone.
More info and screens
1.67
2.27
When analyzing the support we notice one important area.
- A support zone ranging from 1.69 to 1.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @2.04 from a horizontal line in the daily time frame.
- Resistance @2.09 from a trend line in the weekly time frame.
- Resistance @2.25 from a trend line in the weekly time frame.
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 DMY.W is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DMY.W is neutral. |
| ChartMill Relative Strength | 99.82 | POSITIVE | DMY.W has a high relative strength, it outperformed 99.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DMY.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DMY.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DMY.W is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.8 | NEUTRAL | The RSI value for DMY.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DMY.W has a positive trend. |
| Stochastics (14,3) | 39.36 | NEUTRAL | The Stochastics value for DMY.W is a neutral value. |
| Average True Range in percent/ATR (20) | 15.35 | HIGH VOLATILITY | The high ATR as a percentage value for DMY.W suggests high volalility. |
| Average Directional Index/ADX (14) | 19.31 | NEGATIVE | The low ADX value for DMY.W suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 2.05 | 1.68 | 0.37 (18.05%) | 5.54% |
| An entry @2.05. This is a Buy Stop order right above the resistance zone. | An exit @1.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.37 points, which is 18.05%. | For a 1.00% total portfolio risk, you can invest 5.54% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DMY.W. Please evaluate whether better entry and exit points can be found.
- 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.
NYSE:DMY.W (7/18/2025, 8:04:02 PM)
1.9
+0.05 (+2.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.7%
1 Week12.29%
2 Weeks-2.15%
1 Month9.2%
3 Month245.45%
6 Month874.36%
12 Month1627.27%
2 Year805.19%
3 Year0%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%15.35%
ATR Inc46.37%
Range Today0.15
ADR(20)0.27
ADR(20)%14.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.82
Mansfield17.39
10 Day High2.22
10 Day Low1.5
20 Day High2.22
20 Day Low1.5
52 Week High3.1
52 Week Low0.06
CS1 End1.72
CR1 Start2.04
Volume & EV
DER(3)1.31%
DER(5)-18.64%
Volume11.90K
Volume Incr-3.96%
Vol(5)24.40K
Vol(50)40.82K