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.
DTUL has a bad technical rating, but it does show a decent setup pattern. 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.
62.36
3 important support areas can be observed.
We can see 2 important resistance areas.
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. |
Ipath US Treasury 2 Yr Bull ETN
NYSEARCA:DTUL (8/10/2020, 8:04:00 PM)
75.19
-0.78 (-1.02%)
ChartMill assigns a technical rating of 3 / 10 to DTUL.
The current trend direction for Ipath US Treasury 2 Yr Bull ETN (DTUL) is Bullish.
Ipath US Treasury 2 Yr Bull ETN (DTUL) has an RSI value of 49.5527. This indicates that the stock is currently neutral.
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.