DIREXION DAILY GOLD MINERS I (DUST) Technical Analysis
NYSEARCA:DUST • US25461A4783
We assign a technical rating of 0 out of 10 to DUST. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 98% of all other stocks performed better in the past year than DUST.
- DUST is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DUST is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month DUST has a been trading in the 34.60 - 51.29 range, which is quite wide. It is currently trading near the high of this range.
- DUST has an average volume of 75044900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of DUST is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
43.74
2 important resistance areas can be observed.
- Resistance @44.28 from a trend line in the daily time frame.
- A resistance zone ranging from 45.09 to 45.09. 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 | DOWN | NEGATIVE | The long term trend for DUST is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DUST is neutral. |
| ChartMill Relative Strength | 2.35 | NEGATIVE | DUST has a low relative strength, it was outperformed by 97.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DUST is above 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) | 47.47 | NEUTRAL | The RSI value for DUST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.26 | POSITIVE | The MACD value suggests DUST has a positive trend. |
| Stochastics (14,3) | 65.01 | NEUTRAL | The Stochastics value for DUST is a neutral value. |
| Average True Range in percent/ATR (20) | 9.3 | HIGH VOLATILITY | The high ATR as a percentage value for DUST suggests high volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for DUST suggests a weak or negative trend. |
DUST Technicals: Chart, Performance Metrics, Trend & Indicators
44.18
-0.9 (-2%)
DIREXION DAILY GOLD MINERS I / DUST FAQ
What is the technical rating for DUST stock?
ChartMill assigns a technical rating of 0 / 10 to DUST.
Can you provide the trend direction for DIREXION DAILY GOLD MINERS I?
The current trend direction for DIREXION DAILY GOLD MINERS I (DUST) is Bearish.
Can you provide the RSI signal for DIREXION DAILY GOLD MINERS I?
DIREXION DAILY GOLD MINERS I (DUST) has an RSI value of 47.4699. This indicates that the stock is currently neutral.
What is the MACD signal for DIREXION DAILY GOLD MINERS I (DUST) stock?
The MACD indicator for DIREXION DAILY GOLD MINERS I (DUST) has a value of 1.26, indicating a bullish trend.
What is the short term momentum for DUST stock?
The short term momentum for DIREXION DAILY GOLD MINERS I (DUST) is neutral.