WISDOMTREE GLOBAL EX-US REAL (DRW) Stock Technical Analysis
NYSEARCA:DRW • US97717W3319
Overall DRW gets a technical rating of 1 out of 10. DRW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- DRW 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.
- Warning: DRW has an average volume of 11180 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the performance of all stocks over the past year, DRW turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
- In the last month DRW has a been trading in a tight range between 22.80 and 23.76.
- Considerably lower volume is observed in the last couple of days.
DRW has a poor technical rating and the quality of the setup is also only medium 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
21.79
We found 1 important support area.
- A support zone ranging from 22.01 to 22.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 23.15 to 24.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.82 to 25.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @26.09 from a horizontal line in the weekly time frame.
- Resistance @27.47 from a horizontal line in the weekly time frame.
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 DRW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRW is down. |
| ChartMill Relative Strength | 43.99 | NEUTRAL | DRW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.04 | NEUTRAL | The RSI value for DRW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DRW has a negative trend. |
| Stochastics (14,3) | 10.61 | OVERSOLD | The low Stochastics value suggests DRW may be oversold. |
| Average True Range in percent/ATR (20) | 1.02 | LOW VOLATILITY | The low ATR as a percentage value for DRW suggests low volalility. |
NYSEARCA:DRW (4/19/2022, 8:07:13 PM)
22.8824
+0.02 (+0.08%)
WISDOMTREE GLOBAL EX-US REAL / DRW FAQ
Can you provide the ChartMill technical rating for WISDOMTREE GLOBAL EX-US REAL?
ChartMill assigns a technical rating of 1 / 10 to DRW.
Can you provide the trend direction for WISDOMTREE GLOBAL EX-US REAL?
The current trend direction for WISDOMTREE GLOBAL EX-US REAL (DRW) is Bearish.
Can you provide the RSI signal for WISDOMTREE GLOBAL EX-US REAL?
WISDOMTREE GLOBAL EX-US REAL (DRW) has an RSI value of 44.0404. This indicates that the stock is currently neutral.
What is the short term momentum for DRW stock?
The short term momentum for WISDOMTREE GLOBAL EX-US REAL (DRW) is negative.
What are the support and resistance levels for WISDOMTREE GLOBAL EX-US REAL (DRW) stock?
WISDOMTREE GLOBAL EX-US REAL (DRW) has a support level at 22.32 and a resistance level at 23.15. Check the full technical report for our detailed analysis of DRW support and resistance levels.