DMY SQUARED TECHNOLOGY GR-A (DMYY) Stock Technical Analysis
USA - NYSEARCA:DMYY - US2332761046 - Common Stock
Taking everything into account, DMYY scores 1 out of 10 in our technical rating. DMYY 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.
Although the technical rating is bad, DMYY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.22, a Stop Loss order could be placed below this zone.
More info and screens
10.52
We found 2 important support areas.
- A support zone ranging from 11.99 to 12.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.63 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.45 to 12.45. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 12.90 to 13.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.93 to 14.93. 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 | NEUTRAL | NEUTRAL | The long term trend for DMYY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DMYY is down. |
| ChartMill Relative Strength | 62.74 | NEUTRAL | DMYY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMYY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DMYY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DMYY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.37 | NEUTRAL | The RSI value for DMYY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests DMYY has a negative trend. |
| Stochastics (14,3) | 19.61 | OVERSOLD | The low Stochastics value suggests DMYY may be oversold. |
| Average True Range in percent/ATR (20) | 7.18 | HIGH VOLATILITY | The high ATR as a percentage value for DMYY suggests high volalility. |
| Average Directional Index/ADX (14) | 18.97 | NEGATIVE | The low ADX value for DMYY suggests a weak or negative trend. |
12.44
-0.58 (-4.45%)
DMY SQUARED TECHNOLOGY GR-A / DMYY FAQ
Can you provide the ChartMill technical rating for DMY SQUARED TECHNOLOGY GR-A?
ChartMill assigns a technical rating of 1 / 10 to DMYY.
What is the trend direction for DMYY stock?
The current trend direction for DMY SQUARED TECHNOLOGY GR-A (DMYY) is Bearish.
What is the RSI signal for DMY SQUARED TECHNOLOGY GR-A (DMYY) stock?
DMY SQUARED TECHNOLOGY GR-A (DMYY) has an RSI value of 42.3695. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DMY SQUARED TECHNOLOGY GR-A?
The MACD indicator for DMY SQUARED TECHNOLOGY GR-A (DMYY) has a value of -0.122603, indicating a bearish trend.
Can you provide the support and resistance levels for DMY SQUARED TECHNOLOGY GR-A?
DMY SQUARED TECHNOLOGY GR-A (DMYY) has a support level at 12.22 and a resistance level at 12.45. Check the full technical report for our detailed analysis of DMYY support and resistance levels.