REX DRONE ETF (DRNZ) Technical Analysis
NASDAQ:DRNZ • US7615625032
Current stock price
DRNZ Technical Rating and Analysis
Taking everything into account, DRNZ scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DRNZ is a bad performer.
- When comparing the yearly performance of all stocks, DRNZ is a bad performer in the overall market: 100% of all stocks are doing better.
- The long and short term trends are both positive. This is looking good!
- In the last month DRNZ has a been trading in the 22.62 - 27.10 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
DRNZ Weekly and Daily overview Charts
DRNZ Setup Rating and Analysis
Although the technical rating is only medium, DRNZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.94, a Stop Loss order could be placed below this zone.
More info and screens
DRNZ Support and Resistance Analysis
22.29
4 important support areas can be observed.
- A support zone ranging from 25.73 to 25.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.86 from a trend line in the daily time frame.
- A support zone ranging from 22.93 to 23.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.52 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.97 to 28.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
DRNZ 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 | UP | POSITIVE | The long term trend for DRNZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRNZ is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DRNZ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRNZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRNZ is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.54 | NEUTRAL | The RSI value for DRNZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests DRNZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.43 | NEUTRAL | The Stochastics value for DRNZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for DRNZ suggests some volalility. |
| Average Directional Index/ADX (14) | 13.74 | NEGATIVE | The low ADX value for DRNZ suggests a weak or negative trend. |
DRNZ Chart- and CandleStick Pattern Analysis
DRNZ Example Setup
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 |
|---|---|---|---|
| 27.11 | 25.72 | 1.39 (5.13%) | 19.50% |
| An entry @27.11. This is a Buy Stop order right above the 10 day high. | An exit @25.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.39 points, which is 5.13%. | For a 1.00% total portfolio risk, you can invest 19.50% of your capital in this trade. |
- 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.
DRNZ Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:DRNZ (4/24/2026, 8:00:01 PM)
26.04
-0.2 (-0.76%)
REX DRONE ETF / DRNZ TA FAQ
Can you provide the ChartMill technical rating for REX DRONE ETF?
ChartMill assigns a technical rating of 6 / 10 to DRNZ.
What is the current trend direction of REX DRONE ETF (DRNZ) stock?
The current trend direction for REX DRONE ETF (DRNZ) is Bullish.
What is the RSI signal for REX DRONE ETF (DRNZ) stock?
REX DRONE ETF (DRNZ) has an RSI value of 52.5423. This indicates that the stock is currently neutral.
What is the short term momentum for REX DRONE ETF (DRNZ) stock?
The short term momentum for REX DRONE ETF (DRNZ) is positive.
What are the support and resistance levels for REX DRONE ETF (DRNZ) stock?
REX DRONE ETF (DRNZ) has a support level at 25.94 and a resistance level at 28.97. Check the full technical report for our detailed analysis of DRNZ support and resistance levels.