STRIVE US ENERGY ETF (DRLL) Stock Technical Analysis
NYSE:DRLL - New York Stock Exchange, Inc. - US02072L7221 - ETF - Currency: USD
Overall DRLL gets a technical rating of 4 out of 10. In the past year, DRLL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
78% of all other stocks performed better in the past year than DRLL.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
DRLL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRLL is lagging the market.
In the last month DRLL has a been trading in the 25.93 - 29.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
DRLL 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
25.20
31.24
We found 2 important support areas.
- A support zone ranging from 26.70 to 27.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.45 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.35 to 30.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.93 to 30.93. 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 | NEUTRAL | NEUTRAL | The long term trend for DRLL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRLL is neutral. |
| ChartMill Relative Strength | 22.08 | NEGATIVE | DRLL has a low relative strength, it was outperformed by 77.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DRLL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRLL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRLL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.28 | NEUTRAL | The RSI value for DRLL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DRLL has a negative trend. |
| Stochastics (14,3) | 40.05 | NEUTRAL | The Stochastics value for DRLL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for DRLL suggests low volalility. |
| Average Directional Index/ADX (14) | 24.45 | NEUTRAL | The ADX value for DRLL 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)
27.34
-0.38 (-1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.37%
1 Week-5.21%
2 Weeks-1.79%
1 Month3.8%
3 Month-7.01%
6 Month1.51%
12 Month-8.68%
2 Year-0.07%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%1.88%
ATR Inc-15.31%
Range Today0.25
ADR(20)0.44
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.08
Mansfield-0.96
10 Day High29.12
10 Day Low27.21
20 Day High29.12
20 Day Low25.93
52 Week High31.03
52 Week Low23.56
CS1 End27.29
CR1 Start29.35
Volume & EV
DER(3)-0.86%
DER(5)-0.64%
Volume58.91K
Volume Incr81.44%
Vol(5)61.66K
Vol(50)37.74K