FIRST TRUST DRSY WRIGHT MOME (DVLU) Stock Technical Analysis
NASDAQ:DVLU - Nasdaq - US33741L2079 - ETF - Currency: USD
Taking everything into account, DVLU scores 7 out of 10 in our technical rating. In the last year, DVLU was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: DVLU has an average volume of 1808 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
DVLU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DVLU is lagging the market slightly.
In the last month DVLU has a been trading in the 28.63 - 30.48 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 64% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although DVLU has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.34
32.42
When analyzing the support we can see 3 important areas.
- Support @30.33 from a horizontal line in the daily time frame.
- A support zone ranging from 28.63 to 29.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.60 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @30.52 from a horizontal line in the daily time frame.
- Resistance @32.10 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 | 64.98 | 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) | 71.26 | OVERBOUGHT | The high RSI value suggests DVLU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests DVLU has a positive trend. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests DVLU may be overbought. |
| Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for DVLU suggests low volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for DVLU suggests a weak or negative 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 (7/3/2025, 7:18:43 PM)
30.4833
+0.37 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.23%
1 Week2.7%
2 Weeks5.81%
1 Month5.39%
3 Month22.21%
6 Month3.7%
12 Month10.85%
2 Year23.97%
3 Year33.04%
5 Year112.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%0.78%
ATR Inc-26.74%
Range Today0
ADR(20)0.11
ADR(20)%0.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.98
Mansfield-0.51
10 Day High30.48
10 Day Low28.79
20 Day High30.48
20 Day Low28.63
52 Week High33.06
52 Week Low24.1
CS1 End30.33
CR1 Start30.52
Volume & EV
DER(3)1.21%
DER(5)1.52%
Volume100
Volume Incr199.59%
Vol(5)3.64K
Vol(50)1.81K