Wisdomtree Emerging Markets Div (DVEM) Stock Technical Analysis
USA - NYSEARCA:DVEM -
26.17
+1.88 (+7.74%)
We assign a technical rating of 1 out of 10 to DVEM. DVEM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
DVEM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month DVEM has a been trading in the 23.86 - 31.63 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.
Warning: DVEM has an average volume of 17968 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, DVEM did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
The technical rating of DVEM 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
25.91
32.08
We can see 3 important resistance areas.
- A resistance zone ranging from 28.99 to 29.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 29.98 to 30.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.76 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 DVEM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DVEM is down. |
| ChartMill Relative Strength | 75.89 | POSITIVE | DVEM has a high relative strength, it outperformed 75.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DVEM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DVEM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DVEM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.28 | NEUTRAL | The RSI value for DVEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests DVEM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.69 | OVERSOLD | The low Stochastics value suggests DVEM may be oversold. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for DVEM suggests some volalility. |
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)
Wisdomtree Emerging Markets Div
NYSEARCA:DVEM (3/13/2020, 8:04:02 PM)
26.17
+1.88 (+7.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.74%
1 Week-8.93%
2 Weeks-9.43%
1 Month-17.19%
3 Month-19.08%
6 Month-16.52%
12 Month-17.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%3.53%
ATR Inc172.75%
Range Today1.54
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.89
Mansfield-0.58
10 Day High29.99
10 Day Low23.86
20 Day High31.63
20 Day Low23.86
52 Week High33.61
52 Week Low23.86
CS1 EndN/A
CR1 Start28.99
Volume & EV
DER(3)13.57%
DER(5)9.37%
Volume37.80K
Volume Incr305.46%
Vol(5)37.30K
Vol(50)17.97K