Xtrackers ShortDAX Daily Swap UCITS ETF (DXSN.DE)       14.932  -0.16 (-1.06%)

14.932  -0.16 (-1.06%)

LU0292106241 - ETF

Technical Rating

Taking everything into account, DXSN scores 3 out of 10 in our technical rating. Although DXSN 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.



When comparing the yearly performance of all stocks, we notice that DXSN is one of the better performing stocks in the market, outperforming 79% of all stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
DXSN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
In the last month DXSN has a been trading in the 14.82 - 16.48 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -7.15% 0.99% 7.98% 9.71% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 79.2 13.172 - 16.942
DXSN Weekly chart
DXSN Daily chart

Support/Resistance Analysis


13.04

16.73
When analyzing the support we can see 5 important areas.
  • Support @14.77 from a trend line in the weekly time frame.
  • Support @14.53 from a trend line in the daily time frame.
  • A support zone ranging from 14.10 to 14.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 13.61 to 13.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 13.17 to 13.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
  • A resistance zone ranging from 15.10 to 15.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @15.80 from a trend line in the weekly time frame.
  • Resistance @16.15 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 16.46 to 16.56. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

DXSN has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.


DXSN Daily chart

Xtrackers ShortDAX Daily Swap UCITS ETF14.932

FRA:DXSN (8/10/2022, 5:19:12 PM)-0.16 (-1.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A
Performance
Today -1.06% 1 Week -0.72%
2 Weeks -3.9% 1 Month -7.15%
3 Month 0.99% 6 Month 7.98%
Volatility
ATR(14) 0.18 ATR(20)% 1.61%
ATR Inc 7.29% Range Today 0.22
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 79.2 Mansfield 0.63
10 Day High 15.62 10 Day Low 14.82
20 Day High 16.48 20 Day Low 14.82
52 Week High 16.94 52 Week Low 13.17
CS1 End 14.77 CR1 Start 15.1
Volume & EV
DER(3) -11.58% DER(5) -6.94%
Volume 9.80K Volume Incr -26.85%
Vol(5) 205.71K Vol(50) 471.55K

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