MICROSECTORS GOLD -3X INV (DULL) Stock Technical Analysis
NYSEARCA:DULL • US0636795181
We assign a technical rating of 0 out of 10 to DULL. DULL'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.
- 99% of all other stocks performed better in the past year than DULL.
- DULL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month DULL has a been trading in the 0.77 - 1.25 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
DULL 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. There is a resistance zone just above the current price starting at 0.92. Right above this resistance zone may be a good entry point.
More info and screens
0.86
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.92 to 0.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.99 from a horizontal line in the daily time frame.
- Resistance @1.18 from a trend 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 | DOWN | NEGATIVE | The long term trend for DULL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DULL is down. |
| ChartMill Relative Strength | 1.73 | NEGATIVE | DULL has a low relative strength, it was outperformed by 98.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DULL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DULL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DULL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.79 | NEUTRAL | The RSI value for DULL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DULL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.91 | OVERSOLD | The low Stochastics value suggests DULL may be oversold. |
| Average True Range in percent/ATR (20) | 12.65 | HIGH VOLATILITY | The high ATR as a percentage value for DULL suggests high volalility. |
| Average Directional Index/ADX (14) | 33.61 | POSITIVE | The high ADX value value for DULL suggests a strong trend. |
0.87
-0.06 (-5.99%)
MICROSECTORS GOLD -3X INV / DULL FAQ
What is the ChartMill technical rating of MICROSECTORS GOLD -3X INV (DULL) stock?
ChartMill assigns a technical rating of 0 / 10 to DULL.
What is the current trend direction of MICROSECTORS GOLD -3X INV (DULL) stock?
The current trend direction for MICROSECTORS GOLD -3X INV (DULL) is Bearish.
What is the RSI signal for DULL stock?
MICROSECTORS GOLD -3X INV (DULL) has an RSI value of 37.7937. This indicates that the stock is currently neutral.
What is the short term momentum for DULL stock?
The short term momentum for MICROSECTORS GOLD -3X INV (DULL) is negative.
What is the buy/sell signal for DULL stock?
The buy/sell signal for MICROSECTORS GOLD -3X INV (DULL) is sell as both the short term and long term trends are negative.