DIREXION DAILY GOLD MINERS I (DUST) Stock Technical Analysis
USA - NYSEARCA:DUST - US25461A4783 - ETF
11.71 USD
-0.66 (-5.34%)
11.56 USD
-0.15 (-1.28%)
Overall DUST gets a technical rating of 0 out of 10. DUST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DUST is a bad performer in the overall market: 99% of all stocks are doing better.
DUST is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month DUST has a been trading in the 11.66 - 18.07 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
DUST has an average volume of 2944750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of DUST is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.59
25.88
3 important resistance areas can be observed.
- Resistance @13.64 from a trend line in the daily time frame.
- Resistance @16.03 from a trend line in the daily time frame.
- Resistance @25.62 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 | DOWN | NEGATIVE | The long term trend for DUST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DUST is down. |
| ChartMill Relative Strength | 1.09 | NEGATIVE | DUST has a low relative strength, it was outperformed by 98.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DUST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DUST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DUST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.99 | OVERSOLD | The low RSI value suggests DUST may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DUST has a negative trend. |
| Stochastics (14,3) | 6.56 | OVERSOLD | The low Stochastics value suggests DUST may be oversold. |
| Average True Range in percent/ATR (20) | 6.14 | HIGH VOLATILITY | The high ATR as a percentage value for DUST suggests high volalility. |
| Average Directional Index/ADX (14) | 45.43 | POSITIVE | The high ADX value value for DUST suggests a strong 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)
11.71
-0.66 (-5.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.34%
1 Week-10.61%
2 Weeks-18.79%
1 Month-35.2%
3 Month-55.01%
6 Month-67.94%
12 Month-77.26%
2 Year-92.06%
3 Year-95.26%
5 Year-93.84%
10 Year-100%
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%6.14%
ATR Inc51.69%
Range Today0.52
ADR(20)0.67
ADR(20)%5.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.09
Mansfield-7.31
10 Day High14.67
10 Day Low11.66
20 Day High18.07
20 Day Low11.66
52 Week High70.76
52 Week Low11.66
CS1 EndN/A
CR1 Start13.64
Volume & EV
DER(3)-2.26%
DER(5)-0.83%
Volume6.40M
Volume Incr112.89%
Vol(5)6.68M
Vol(50)2.94M