DIR DAI REAL EST BE 3X ETF-U (DRV) Technical Analysis
NYSEARCA:DRV • US25460G4192
Current stock price
DRV Technical Rating and Analysis
Taking everything into account, DRV scores 0 out of 10 in our technical rating. DRV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DRV is a bad performer in the overall market: 86% of all stocks are doing better.
- DRV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month DRV has a been trading in the 19.07 - 25.84 range, which is quite wide. It is currently trading near the lows of this range.
DRV Weekly and Daily overview Charts
DRV Setup Rating and Analysis
DRV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
DRV Support and Resistance Analysis
20.05
4 important resistance areas can be observed.
- Resistance @20.68 from a horizontal line in the daily time frame.
- Resistance @25.95 from a trend line in the weekly time frame.
- Resistance @26.38 from a horizontal line in the daily time frame.
- Resistance @27.13 from a horizontal line in the daily time frame.
DRV 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 | DOWN | NEGATIVE | The long term trend for DRV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRV is down. |
| ChartMill Relative Strength | 14.89 | NEGATIVE | DRV has a low relative strength, it was outperformed by 85.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.63 | NEUTRAL | The RSI value for DRV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DRV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.99 | NEUTRAL | The Stochastics value for DRV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for DRV suggests some volalility. |
| Average Directional Index/ADX (14) | 23.54 | NEUTRAL | The ADX value for DRV suggests a possible start of a new trend. |
DRV Chart- and CandleStick Pattern Analysis
DRV Technicals: Chart, Performance Metrics, Trend & Indicators
20.25
-0.43 (-2.08%)
DIR DAI REAL EST BE 3X ETF-U / DRV TA FAQ
What is the ChartMill technical rating of DIR DAI REAL EST BE 3X ETF-U (DRV) stock?
ChartMill assigns a technical rating of 0 / 10 to DRV.
Can you provide the trend direction for DIR DAI REAL EST BE 3X ETF-U?
The current trend direction for DIR DAI REAL EST BE 3X ETF-U (DRV) is Bearish.
Can you provide the RSI signal for DIR DAI REAL EST BE 3X ETF-U?
DIR DAI REAL EST BE 3X ETF-U (DRV) has an RSI value of 39.6344. This indicates that the stock is currently neutral.
What is the short term momentum for DRV stock?
The short term momentum for DIR DAI REAL EST BE 3X ETF-U (DRV) is negative.
What are the support and resistance levels for DIR DAI REAL EST BE 3X ETF-U (DRV) stock?
DIR DAI REAL EST BE 3X ETF-U (DRV) has a resistance level at 20.68. Check the full technical report for our detailed analysis of DRV support and resistance levels.