FIRST TRUST DRSY WRIGHT MOME (DVLU) Stock Technical Analysis
USA - NASDAQ:DVLU - US33741L2079 - ETF
34.0791 USD
+0.18 (+0.54%)
Taking everything into account, DVLU scores 8 out of 10 in our technical rating. Although DVLU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: DVLU has an average volume of 1986 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
DVLU is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DVLU has a been trading in the 31.52 - 34.08 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, DVLU outperforms 68% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Although DVLU has an excellent technical rating, it does not offer a high 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
28.60
34.42
5 important support areas can be observed.
- A support zone ranging from 31.43 to 32.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.88 from a trend line in the daily time frame.
- Support @30.33 from a horizontal line in the daily time frame.
- A support zone ranging from 29.54 to 29.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.89 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 | UP | POSITIVE | The long term trend for DVLU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DVLU is up. |
| ChartMill Relative Strength | 68.25 | NEUTRAL | DVLU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DVLU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DVLU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DVLU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.17 | OVERBOUGHT | The high RSI value suggests DVLU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DVLU has a positive trend. |
| Stochastics (14,3) | 98.88 | OVERBOUGHT | The high Stochastics value suggests DVLU may be overbought. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for DVLU suggests low volalility. |
| Average Directional Index/ADX (14) | 38.53 | POSITIVE | The high ADX value value for DVLU 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)
NASDAQ:DVLU (10/3/2025, 4:30:01 PM)
34.0791
+0.18 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.54%
1 Week2.77%
2 Weeks3.28%
1 Month6.74%
3 Month11.8%
6 Month36.63%
12 Month9.86%
2 Year58.07%
3 Year49.6%
5 Year126.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%0.79%
ATR Inc-42.5%
Range Today0.2
ADR(20)0.09
ADR(20)%0.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.25
Mansfield0.17
10 Day High34.08
10 Day Low32.74
20 Day High34.08
20 Day Low31.52
52 Week High34.08
52 Week Low24.1
CS1 End32.29
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume732
Volume Incr-47.9%
Vol(5)1.03K
Vol(50)1.99K