GLOBAL X AUTONOMOUS&ELEC-ETF (DRIV) Stock Technical Analysis
NASDAQ:DRIV - Nasdaq - US37954Y6243 - ETF - Currency: USD
Overall DRIV gets a technical rating of 6 out of 10. In the last year, DRIV was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
DRIV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DRIV is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, DRIV turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
In the last month DRIV has a been trading in the 23.41 - 25.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DRIV has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.85
25.70
We found 1 important support area.
- A support zone ranging from 23.08 to 23.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 25.16 to 25.45. 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 | DOWN | NEGATIVE | The short term trend for DRIV is down. |
| ChartMill Relative Strength | 69.8 | NEUTRAL | DRIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DRIV is below the rising 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 | POSITIVE | The current price of DRIV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.02 | NEUTRAL | The RSI value for DRIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests DRIV has a negative trend. |
| Stochastics (14,3) | 16.73 | OVERSOLD | The low Stochastics value suggests DRIV may be oversold. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for DRIV suggests low volalility. |
| Average Directional Index/ADX (14) | 20.91 | NEUTRAL | The ADX value for DRIV suggests a possible start of a new 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 (8/5/2025, 2:27:45 PM)
24.2
+0.19 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.79%
1 Week-4%
2 Weeks-3.5%
1 Month2.34%
3 Month11.57%
6 Month4.03%
12 Month13.2%
2 Year-3.61%
3 Year2.04%
5 Year38.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%1.53%
ATR Inc40.15%
Range Today0.28
ADR(20)0.3
ADR(20)%1.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.8
Mansfield-0.23
10 Day High25.46
10 Day Low23.41
20 Day High25.46
20 Day Low23.41
52 Week High25.46
52 Week Low17.45
CS1 End23.67
CR1 Start25.16
Volume & EV
DER(3)3.25%
DER(5)2.24%
Volume22.16K
Volume Incr-33.51%
Vol(5)49.80K
Vol(50)53.77K