DIREXION DAILY GOLD MINERS I (DUST) Stock Technical Analysis
NYSEARCA:DUST - NYSE Arca - US25461A4783 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to DUST. DUST'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.
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: 97% of all stocks are doing better.
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.
In the last month DUST has a been trading in the 22.64 - 28.98 range, which is quite wide. It is currently trading near the lows of this range.
DUST has an average volume of 2285190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, DUST does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for DUST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
24.53
31.59
We can see 3 important resistance areas.
- Resistance @25.62 from a horizontal line in the daily time frame.
- Resistance @28.56 from a trend line in the weekly time frame.
- Resistance @31.28 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 DUST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DUST is down. |
| ChartMill Relative Strength | 3.68 | NEGATIVE | DUST has a low relative strength, it was outperformed by 96.32% 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) | 43.57 | NEUTRAL | The RSI value for DUST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests DUST has a positive trend. |
| Stochastics (14,3) | 37.7 | NEUTRAL | The Stochastics value for DUST is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for DUST suggests some volalility. |
| Average Directional Index/ADX (14) | 28.92 | 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)
24.78
+0.65 (+2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.69%
1 Week4.6%
2 Weeks3.04%
1 Month-11.72%
3 Month-36.41%
6 Month-63.14%
12 Month-67.9%
2 Year-79.54%
3 Year-88.18%
5 Year-90.04%
10 Year-99.99%
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%4.88%
ATR Inc-31.7%
Range Today1.03
ADR(20)1
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.68
Mansfield-5.21
10 Day High25.99
10 Day Low22.64
20 Day High28.98
20 Day Low22.64
52 Week High79.5
52 Week Low22.64
CS1 EndN/A
CR1 Start25.62
Volume & EV
DER(3)3.37%
DER(5)1.03%
Volume1.78M
Volume Incr-9.66%
Vol(5)1.67M
Vol(50)2.29M