Taking everything into account, DWT scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DWT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, DWT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for DWT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.65
We found 2 important support areas.
- A support zone ranging from 14.61 to 14.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.78 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.76 to 14.76. 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 DWT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DWT is up. |
| ChartMill Relative Strength | 99.81 | POSITIVE | DWT has a high relative strength, it outperformed 99.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DWT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DWT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DWT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.19 | NEUTRAL | The RSI value for DWT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests DWT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.01 | OVERSOLD | The low Stochastics value suggests DWT may be oversold. |
| Average True Range in percent/ATR (20) | 32.63 | HIGH VOLATILITY | The high ATR as a percentage value for DWT suggests high volalility. |
14.75
+0.01 (+0.07%)
Velocity 3X Inverse Crude Oil / DWT FAQ
What is the ChartMill technical rating of Velocity 3X Inverse Crude Oil (DWT) stock?
ChartMill assigns a technical rating of 8 / 10 to DWT.
What is the trend direction for DWT stock?
The current trend direction for Velocity 3X Inverse Crude Oil (DWT) is Bullish.
Can you provide the RSI signal for Velocity 3X Inverse Crude Oil?
Velocity 3X Inverse Crude Oil (DWT) has an RSI value of 54.1857. This indicates that the stock is currently neutral.
What is the MACD signal for Velocity 3X Inverse Crude Oil (DWT) stock?
The MACD indicator for Velocity 3X Inverse Crude Oil (DWT) has a value of -0.319539, indicating a bearish trend.
What is the short term momentum for DWT stock?
The short term momentum for Velocity 3X Inverse Crude Oil (DWT) is positive.