We assign a technical rating of 8 out of 10 to DPST. Although DPST is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DPST 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 111.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 109.37, a Stop Loss order could be placed below this zone.
More info and screens
74.62
We found 6 important support areas.
- A support zone ranging from 109.37 to 109.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @88.83 from a trend line in the weekly time frame.
- Support @81.83 from a trend line in the weekly time frame.
- Support @79.88 from a trend line in the daily time frame.
- Support @76.62 from a trend line in the daily time frame.
- Support @75.37 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 111.26 to 111.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 114.12 to 114.12. This zone is formed by a combination of multiple trend lines in the daily 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 DPST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DPST is up. |
| ChartMill Relative Strength | 48.05 | NEUTRAL | DPST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DPST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DPST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DPST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.09 | NEUTRAL | The RSI value for DPST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests DPST has a negative trend. |
| Stochastics (14,3) | 63.48 | NEUTRAL | The Stochastics value for DPST is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for DPST suggests some volalility. |
| Average Directional Index/ADX (14) | 37.17 | POSITIVE | The high ADX value value for DPST suggests a strong trend. |
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 |
|---|---|---|---|
| 111.70 | 109.36 | 2.34 (2.09%) | 25.00% |
| An entry @111.70. This is a Buy Stop order right above the resistance zone. | An exit @109.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.34 points, which is 2.09%. | For a 0.52% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DPST. 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.
109.38
-0.76 (-0.69%)
DRX DLY REG BANK BULL 3X / DPST FAQ
What is the technical rating for DPST stock?
ChartMill assigns a technical rating of 8 / 10 to DPST.
What is the current trend direction of DRX DLY REG BANK BULL 3X (DPST) stock?
The current trend direction for DRX DLY REG BANK BULL 3X (DPST) is Bullish.
What is the RSI signal for DPST stock?
DRX DLY REG BANK BULL 3X (DPST) has an RSI value of 61.0916. This indicates that the stock is currently neutral.
What is the short term momentum for DPST stock?
The short term momentum for DRX DLY REG BANK BULL 3X (DPST) is positive.
Can you provide the buy/sell signal for DRX DLY REG BANK BULL 3X?
The buy/sell signal for DRX DLY REG BANK BULL 3X (DPST) is buy as both the short term and long term trends are positive.