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DB GOLD DOUBLE SHORT ETN (DZZ) Stock Technical Analysis

NYSEARCA:DZZ - NYSE Arca - US25154H7567 - ETF - Currency: USD

1.836  -0.02 (-1.02%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to DZZ. DZZ performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, DZZ is a bad performer in the overall market: 71% of all stocks are doing better.
Warning: DZZ has an average volume of 19084 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month DZZ has a been trading in the 1.73 - 1.98 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
DZZ is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DZZ is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DB GOLD DOUBLE SHORT ETN / DZZ Weekly stock chart
DB GOLD DOUBLE SHORT ETN / DZZ Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, DZZ does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DZZ 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.
Support and Resistance Analysis

1.57

2.07

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.77 from a trend line in the daily time frame.
  • Support @1.59 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 1.86 to 1.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.96 from a trend line in the weekly time frame.
  • A resistance zone ranging from 2.02 to 2.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for DZZ is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for DZZ is neutral.
ChartMill Relative Strength29.72NEGATIVEDZZ has a low relative strength, it was outperformed by 70.28% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of DZZ is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DZZ is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of DZZ is above a declining SMA(200).
Relative Strength Index/RSI (14)47.2NEUTRALThe RSI value for DZZ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests DZZ has a negative trend.
Stochastics (14,3)31.54NEUTRALThe Stochastics value for DZZ is a neutral value.
Average True Range in percent/ATR (20)5.44HIGH VOLATILITYThe high ATR as a percentage value for DZZ suggests high volalility.
Average Directional Index/ADX (14)13.37NEGATIVEThe low ADX value for DZZ suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
DB GOLD DOUBLE SHORT ETN / DZZ Daily stock chart

DB GOLD DOUBLE SHORT ETN

NYSEARCA:DZZ (6/2/2025, 8:04:00 PM)

1.836

-0.02 (-1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.02%
1 Week-4.62%
2 Weeks-4.16%
1 Month-8.66%
3 Month-0.95%
6 Month6.9%
12 Month-12.38%
2 Year-28.28%
3 Year-32.64%
5 Year-46.32%
10 Year-75.42%
15 Year-82.84%
Volatility
ATR(14)0.08
ATR(20)%5.44%
ATR Inc84.23%
Range Today0.21
ADR(20)0.08
ADR(20)%4.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.72
Mansfield-0.04
10 Day High1.98
10 Day Low1.77
20 Day High1.98
20 Day Low1.73
52 Week High2.19
52 Week Low1.35
CS1 End1.83
CR1 Start1.86
Volume & EV
DER(3)34.47%
DER(5)24.07%
Volume16.60K
Volume Incr-23%
Vol(5)10.18K
Vol(50)19.08K