DMY SQUARED TECHNOLOGY GR-A (DMYY) Technical Analysis
NYSEARCA:DMYY • US2332761046
Current stock price
DMYY Technical Rating and Analysis
Overall DMYY gets a technical rating of 1 out of 10. 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.
- In the last month DMYY has a been trading in the 11.84 - 15.49 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, DMYY outperforms 62% of them, which is more or less in line with the market.
- DMYY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DMYY is lagging the market slightly.
DMYY Weekly and Daily overview Charts
DMYY Setup Rating and Analysis
DMYY has a bad technical rating, but it does show a decent setup pattern. 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
DMYY Support and Resistance Analysis
10.52
When analyzing the support we can see 2 important 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.
DMYY 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 | 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. |
DMYY Chart- and CandleStick Pattern Analysis
DMYY Technicals: Chart, Performance Metrics, Trend & Indicators
12.44
-0.58 (-4.45%)
DMY SQUARED TECHNOLOGY GR-A / DMYY TA FAQ
Can you provide the ChartMill technical rating for DMY SQUARED TECHNOLOGY GR-A?
ChartMill assigns a technical rating of 1 / 10 to DMYY.
Can you provide the trend direction for DMY SQUARED TECHNOLOGY GR-A?
The current trend direction for DMY SQUARED TECHNOLOGY GR-A (DMYY) is Bearish.
Can you provide the RSI signal for DMY SQUARED TECHNOLOGY GR-A?
DMY SQUARED TECHNOLOGY GR-A (DMYY) has an RSI value of 42.3695. This indicates that the stock is currently neutral.
What is the support and resistance level for DMYY stock?
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.