Deep Value ETF (DVP) Technical Analysis
NYSEARCA:DVP
Current stock price
DVP Technical Rating and Analysis
Taking everything into account, DVP scores 5 out of 10 in our technical rating. In the past year, DVP was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- Warning: DVP has an average volume of 21236 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- When comparing the performance of all stocks over the past year, DVP turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- DVP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DVP is lagging the market.
- In the last month DVP has a been trading in the 19.71 - 25.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DVP Weekly and Daily overview Charts
DVP Setup Rating and Analysis
DVP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
DVP Support and Resistance Analysis
18.58
4 important support areas can be observed.
- A support zone ranging from 21.78 to 21.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.04 from a horizontal line in the daily time frame.
- A support zone ranging from 19.77 to 19.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.77 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 24.03 to 24.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.06 from a horizontal line in the daily time frame.
- Resistance @29.89 from a trend line in the daily time frame.
- A resistance zone ranging from 32.22 to 32.39. This zone is formed by a combination of multiple trend lines in the weekly time frame.
DVP Technical Indicator Signal Analysis
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 DVP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DVP is up. |
| ChartMill Relative Strength | 40.89 | NEUTRAL | DVP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DVP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DVP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DVP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.08 | NEUTRAL | The RSI value for DVP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests DVP has a negative trend. |
| Stochastics (14,3) | 28.93 | NEUTRAL | The Stochastics value for DVP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for DVP suggests some volalility. |
DVP Chart- and CandleStick Pattern Analysis
DVP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:DVP (6/19/2020, 8:10:33 PM)
21.8592
-0.14 (-0.62%)
Deep Value ETF / DVP TA FAQ
Can you provide the ChartMill technical rating for Deep Value ETF?
ChartMill assigns a technical rating of 5 / 10 to DVP.
Can you provide the trend direction for Deep Value ETF?
The current trend direction for Deep Value ETF (DVP) is Bearish.
Can you provide the RSI signal for Deep Value ETF?
Deep Value ETF (DVP) has an RSI value of 51.083. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Deep Value ETF?
The MACD indicator for Deep Value ETF (DVP) has a value of -0.1696, indicating a bearish trend.
What is the short term momentum for DVP stock?
The short term momentum for Deep Value ETF (DVP) is positive.