Ipath US Treasury 2 Yr Bull ETN (DTUL) Stock Technical Analysis
NYSEARCA:DTUL - NYSE Arca -
Taking everything into account, DTUL scores 3 out of 10 in our technical rating. 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 currently trading near new highs, so DTUL is lagging the market.
In the last month DTUL has a been trading in a tight range between 72.44 and 76.67.
DTUL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
62.36
95.69
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.
2 important resistance areas can be observed.
- 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.
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. |
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)
Ipath US Treasury 2 Yr Bull ETN
NYSEARCA:DTUL (8/10/2020, 8:04:00 PM)
75.19
-0.78 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.02%
1 Week-0.92%
2 Weeks1.24%
1 Month-1.31%
3 Month-0.4%
6 Month16.37%
12 Month13.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.15
ATR(20)%1.75%
ATR Inc-45.98%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.6
Mansfield-0.35
10 Day High76.67
10 Day Low74.37
20 Day High76.67
20 Day Low72.44
52 Week High94.74
52 Week Low55.02
CS1 End75.14
CR1 Start75.2
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-16.67%
Vol(5)100
Vol(50)150