WISDOMTREE GERMANY HEDGED EQ (DXGE) Stock Technical Analysis
NASDAQ:DXGE - US97717W4481 - ETF
33.79 USD
-0.4 (-1.17%)
Taking everything into account, DXGE scores 2 out of 10 in our technical rating. Although DXGE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
Warning: DXGE has an average volume of 638 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, DXGE did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
DXGE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DXGE is lagging the market.
In the last month DXGE has a been trading in a tight range between 33.79 and 35.27.
Considerably lower volume is observed in the last couple of days.
The technical rating of DXGE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.44
38.22
We found 1 important support area.
- A support zone ranging from 33.78 to 33.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 34.72 to 35.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.19 to 36.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 37.37 to 37.84. 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 | DOWN | NEGATIVE | The long term trend for DXGE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DXGE is down. |
| ChartMill Relative Strength | 81.72 | POSITIVE | DXGE has a high relative strength, it outperformed 81.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DXGE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DXGE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DXGE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.68 | NEUTRAL | The RSI value for DXGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DXGE has a negative trend. |
| Stochastics (14,3) | 14.2 | OVERSOLD | The low Stochastics value suggests DXGE may be oversold. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for DXGE suggests low volalility. |
| Average Directional Index/ADX (14) | 17.91 | NEGATIVE | The low ADX value for DXGE 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:DXGE (10/20/2023, 8:00:02 PM)
33.79
-0.4 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.17%
1 Week-2.51%
2 Weeks-2.57%
1 Month-4.83%
3 Month-7.06%
6 Month-9.07%
12 Month13.5%
2 Year-5.61%
3 Year27.22%
5 Year18.75%
10 Year31.63%
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%0.83%
ATR Inc59.16%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.72
Mansfield-0.53
10 Day High35.27
10 Day Low33.79
20 Day High35.27
20 Day Low33.79
52 Week High37.95
52 Week Low30.01
CS1 End33.78
CR1 Start34.72
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-70.56%
Vol(5)340
Vol(50)638