DAVIS SELECT US EQUITY ETF (DUSA) Stock Technical Analysis
NYSEARCA:DUSA - NYSE Arca - US23908L2079 - ETF - Currency: USD
Overall DUSA gets a technical rating of 7 out of 10. Although DUSA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month DUSA has a been trading in the 42.12 - 44.70 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, DUSA turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
DUSA 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 DUSA is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
DUSA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 43.40, a Stop Loss order could be placed below this zone.
More info and screens
37.99
46.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 42.18 to 43.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.39 from a horizontal line in the daily time frame.
- A support zone ranging from 38.37 to 39.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @45.07 from a horizontal line in the daily time frame.
- A resistance zone ranging from 45.98 to 46.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DUSA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DUSA is up. |
| ChartMill Relative Strength | 62.19 | NEUTRAL | DUSA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DUSA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DUSA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DUSA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.99 | NEUTRAL | The RSI value for DUSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DUSA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.46 | NEUTRAL | The Stochastics value for DUSA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for DUSA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.32 | NEGATIVE | The low ADX value for DUSA suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.42 | 42.26 | 2.16 (4.87%) | 20.53% |
| An entry @44.42. This is a Buy Stop order right above the 10 day high. | An exit @42.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.16 points, which is 4.87%. | For a 1.00% total portfolio risk, you can invest 20.53% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
43.42
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week1.24%
2 Weeks-1%
1 Month2.62%
3 Month-2.93%
6 Month-3.4%
12 Month9.21%
2 Year45.51%
3 Year42.97%
5 Year90.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%1.55%
ATR Inc-22.36%
Range Today0.48
ADR(20)0.54
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.19
Mansfield-0.04
10 Day High44.41
10 Day Low42.27
20 Day High44.7
20 Day Low42.12
52 Week High46.24
52 Week Low36.83
CS1 End43.4
CR1 Start45.07
Volume & EV
DER(3)0.31%
DER(5)0.28%
Volume15.60K
Volume Incr-47.12%
Vol(5)20.22K
Vol(50)43.56K