WISDOMTREE US MIDCAP DIVIDEN (DON) Technical Analysis
NYSEARCA:DON • US97717W5058
Current stock price
DON Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to DON. DON 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.
- DON is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, DON turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
- DON 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 DON is lagging the market slightly.
- In the last month DON has a been trading in a tight range between 51.04 and 53.91.
DON Weekly and Daily overview Charts
DON Setup Rating and Analysis
Although the technical rating is bad, DON does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 53.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.45, a Stop Loss order could be placed below this zone.
More info and screens
DON Support and Resistance Analysis
45.71
We found 3 important support areas.
- A support zone ranging from 51.58 to 52.45. 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 49.63 to 50.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @46.17 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 53.07 to 53.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 55.38 to 56.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
DON 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 DON is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DON is down. |
| ChartMill Relative Strength | 56.54 | NEUTRAL | DON is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DON is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.55 | NEUTRAL | The RSI value for DON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests DON has a positive trend. |
| Stochastics (14,3) | 79.87 | NEUTRAL | The Stochastics value for DON is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for DON suggests low volalility. |
| Average Directional Index/ADX (14) | 39.15 | POSITIVE | The high ADX value value for DON suggests a strong trend. |
DON Chart- and CandleStick Pattern Analysis
DON Technicals: Chart, Performance Metrics, Trend & Indicators
52.84
+0.08 (+0.15%)
WISDOMTREE US MIDCAP DIVIDEN / DON TA FAQ
What is the ChartMill technical rating of WISDOMTREE US MIDCAP DIVIDEN (DON) stock?
ChartMill assigns a technical rating of 1 / 10 to DON.
Can you provide the trend direction for WISDOMTREE US MIDCAP DIVIDEN?
The current trend direction for WISDOMTREE US MIDCAP DIVIDEN (DON) is Bearish.
What is the RSI signal for WISDOMTREE US MIDCAP DIVIDEN (DON) stock?
WISDOMTREE US MIDCAP DIVIDEN (DON) has an RSI value of 48.5543. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WISDOMTREE US MIDCAP DIVIDEN?
The MACD indicator for WISDOMTREE US MIDCAP DIVIDEN (DON) has a value of 0.128481, indicating a bearish trend.
What is the short term momentum for DON stock?
The short term momentum for WISDOMTREE US MIDCAP DIVIDEN (DON) is negative.