ELEMENTS DJ High Yield Select 10 ETN (DOD) Technical Analysis
NYSEARCA:DOD
Current stock price
DOD Technical Rating and Analysis
Overall DOD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DOD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: DOD has an average volume of 6126 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that DOD is one of the better performing stocks in the market, outperforming 83% of all stocks.
- DOD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DOD is performing more or less in line with the market.
- In the last month DOD has a been trading in a tight range between 24.80 and 26.00.
- Volume is considerably higher in the last couple of days.
DOD Weekly and Daily overview Charts
DOD Setup Rating and Analysis
DOD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 25.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.50, a Stop Loss order could be placed below this zone.
More info and screens
DOD Support and Resistance Analysis
22.07
When analyzing the support we can see 4 important areas.
- A support zone ranging from 25.47 to 25.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.89 to 25.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.66 to 22.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @22.29 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.68 to 25.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DOD 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 | UP | POSITIVE | The long term trend for DOD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DOD is up. |
| ChartMill Relative Strength | 83.37 | POSITIVE | DOD has a high relative strength, it outperformed 83.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DOD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DOD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.28 | NEUTRAL | The RSI value for DOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DOD has a negative trend. |
| Stochastics (14,3) | 72 | NEUTRAL | The Stochastics value for DOD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for DOD suggests low volalility. |
DOD Chart- and CandleStick Pattern Analysis
DOD Example Setup
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 |
|---|---|---|---|
| 25.83 | 25.46 | 0.37 (1.43%) | 25.00% |
| An entry @25.83. This is a Buy Stop order right above the resistance zone. | An exit @25.46. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.37 points, which is 1.43%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.36%. |
- The distance between exit and entry is rather small compared to the average daily movement of DOD. 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.
DOD Technicals: Chart, Performance Metrics, Trend & Indicators
ELEMENTS DJ High Yield Select 10 ETN
NYSEARCA:DOD (4/12/2019, 8:04:01 PM)
25.65
-0.11 (-0.43%)
ELEMENTS DJ High Yield Select 10 ETN / DOD TA FAQ
What is the technical rating for DOD stock?
ChartMill assigns a technical rating of 9 / 10 to DOD.
Can you provide the trend direction for ELEMENTS DJ High Yield Select 10 ETN?
The current trend direction for ELEMENTS DJ High Yield Select 10 ETN (DOD) is Bullish.
Can you provide the RSI signal for ELEMENTS DJ High Yield Select 10 ETN?
ELEMENTS DJ High Yield Select 10 ETN (DOD) has an RSI value of 57.2755. This indicates that the stock is currently neutral.
What is the MACD signal for DOD stock?
The MACD indicator for ELEMENTS DJ High Yield Select 10 ETN (DOD) has a value of -0.0106562, indicating a bearish trend.
What is the short term momentum for ELEMENTS DJ High Yield Select 10 ETN (DOD) stock?
The short term momentum for ELEMENTS DJ High Yield Select 10 ETN (DOD) is positive.