FIRST TRUST DW MOMTM & LOW (DVOL) Stock Technical Analysis
NASDAQ:DVOL - Nasdaq - US33741L1089 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to DVOL. Both in the recent history as in the last year, DVOL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, DVOL also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 35.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 35.32, a Stop Loss order could be placed below this zone.
More info and screens
31.54
We found 2 important support areas.
- A support zone ranging from 34.76 to 35.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.86 to 33.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 35.66 to 36.48. 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 | UP | POSITIVE | The long term trend for DVOL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DVOL is up. |
| ChartMill Relative Strength | 75.26 | POSITIVE | DVOL has a high relative strength, it outperformed 75.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DVOL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DVOL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DVOL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.01 | NEUTRAL | The RSI value for DVOL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DVOL has a positive trend. |
| Stochastics (14,3) | 87.42 | OVERBOUGHT | The high Stochastics value suggests DVOL may be overbought. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for DVOL suggests low volalility. |
| Average Directional Index/ADX (14) | 9.8 | NEGATIVE | The low ADX value for DVOL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.68 | 34.80 | 0.89 (2.49%) | 25.00% |
| An entry @35.68. This is a Buy Stop order right above the 10 day high. | An exit @34.80. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.89 points, which is 2.49%. | For a 0.62% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:DVOL (6/3/2025, 8:04:03 PM)
35.5242
-0.08 (-0.21%)