Ipath US Treasury 2 Yr Bull ETN (DTUL) Technical Analysis
NYSEARCA:DTUL
Current stock price
DTUL Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to DTUL. DTUL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Warning: DTUL has an average volume of 150 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When compared to the yearly performance of all other stocks, DTUL outperforms 57% of them, which is more or less in line with the market.
- DTUL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DTUL is lagging the market slightly.
- In the last month DTUL has a been trading in a tight range between 72.44 and 76.67.
DTUL Weekly and Daily overview Charts
DTUL Setup Rating and Analysis
Although the technical rating is bad, DTUL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 75.14, a Stop Loss order could be placed below this zone.
More info and screens
DTUL Support and Resistance Analysis
62.36
When analyzing the support we can see 3 important areas.
- A support zone ranging from 74.21 to 75.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 70.64 to 72.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.99 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 75.20 to 76.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @94.74 from a horizontal line in the daily time frame.
DTUL 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 DTUL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DTUL is neutral. |
| ChartMill Relative Strength | 57.6 | NEUTRAL | DTUL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DTUL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DTUL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DTUL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.55 | NEUTRAL | The RSI value for DTUL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DTUL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.49 | NEUTRAL | The Stochastics value for DTUL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for DTUL suggests low volalility. |
DTUL Chart- and CandleStick Pattern Analysis
DTUL Technicals: Chart, Performance Metrics, Trend & Indicators
Ipath US Treasury 2 Yr Bull ETN
NYSEARCA:DTUL (8/10/2020, 8:04:00 PM)
75.19
-0.78 (-1.02%)
Ipath US Treasury 2 Yr Bull ETN / DTUL TA FAQ
Can you provide the ChartMill technical rating for Ipath US Treasury 2 Yr Bull ETN?
ChartMill assigns a technical rating of 3 / 10 to DTUL.
What is the trend direction for DTUL stock?
The current trend direction for Ipath US Treasury 2 Yr Bull ETN (DTUL) is Bullish.
What is the RSI signal for DTUL stock?
Ipath US Treasury 2 Yr Bull ETN (DTUL) has an RSI value of 49.5527. This indicates that the stock is currently neutral.
What is the support and resistance level for DTUL stock?
Ipath US Treasury 2 Yr Bull ETN (DTUL) has a support level at 75.14 and a resistance level at 75.2. Check the full technical report for our detailed analysis of DTUL support and resistance levels.