GLOBAL X AUTONOMOUS&ELEC-ETF (DRIV) Stock Technical Analysis
NASDAQ:DRIV - Nasdaq - US37954Y6243 - ETF - Currency: USD
Taking everything into account, DRIV scores 5 out of 10 in our technical rating. DRIV has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
67% of all other stocks performed better in the past year than DRIV.
Both the short term and long term trends are positive. This is a very positive sign.
DRIV 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 DRIV is lagging the market slightly.
In the last month DRIV has a been trading in the 21.66 - 23.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DRIV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 21.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DRIV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.65
25.71
We found 1 important support area.
- A support zone ranging from 21.87 to 21.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 22.41 to 22.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.75 to 23.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.70 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 25.13 to 25.46. 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 | UP | POSITIVE | The long term trend for DRIV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRIV is up. |
| ChartMill Relative Strength | 33.14 | NEUTRAL | DRIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRIV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRIV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DRIV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.94 | NEUTRAL | The RSI value for DRIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DRIV has a negative trend. |
| Stochastics (14,3) | 54.69 | NEUTRAL | The Stochastics value for DRIV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for DRIV suggests low volalility. |
| Average Directional Index/ADX (14) | 16.14 | NEGATIVE | The low ADX value for DRIV suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:DRIV (6/17/2025, 4:30:02 PM)
22.4
-0.41 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.8%
1 Week-2.9%
2 Weeks1.17%
1 Month-0.71%
3 Month-0.71%
6 Month-3.53%
12 Month-5.64%
2 Year-13.98%
3 Year4.33%
5 Year53.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%1.63%
ATR Inc13.89%
Range Today0.32
ADR(20)0.29
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.14
Mansfield-0.5
10 Day High23.33
10 Day Low22.15
20 Day High23.33
20 Day Low21.66
52 Week High25.46
52 Week Low17.45
CS1 End21.98
CR1 Start22.41
Volume & EV
DER(3)4.19%
DER(5)4.56%
Volume19.75K
Volume Incr-28.42%
Vol(5)27.69K
Vol(50)49.00K