Copper Place Global Dividend Growth ETF (GDVD) Stock Technical Analysis
USA - NYSEARCA:GDVD - US66538H1959 - ETF
25.855 USD
+0.04 (+0.15%)
We assign a technical rating of 7 out of 10 to GDVD. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GDVD is only an average performer.
Warning: GDVD has an average volume of 17128 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
GDVD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GDVD has a been trading in the 24.32 - 26.06 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, GDVD outperforms 68% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
GDVD has an excellent technical rating, but the quality of the setup is 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.
More info and screens
20.85
26.14
We found 4 important support areas.
- A support zone ranging from 25.19 to 25.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.98 to 24.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 22.97 to 23.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.06 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.86 to 25.88. 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 GDVD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GDVD is up. |
| ChartMill Relative Strength | 68.67 | NEUTRAL | GDVD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GDVD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GDVD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GDVD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.34 | NEUTRAL | The RSI value for GDVD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GDVD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.23 | OVERBOUGHT | The high Stochastics value suggests GDVD may be overbought. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for GDVD suggests low volalility. |
| Average Directional Index/ADX (14) | 19.57 | NEGATIVE | The low ADX value for GDVD 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)
Copper Place Global Dividend Growth ETF
NYSEARCA:GDVD (8/28/2024, 8:04:00 PM)
25.855
+0.04 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.15%
1 Week-0.05%
2 Weeks2.46%
1 Month1.14%
3 Month4.78%
6 Month8.45%
12 Month14.42%
2 Year17.94%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.92%
ATR Inc-60.64%
Range Today0.14
ADR(20)0.1
ADR(20)%0.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.67
Mansfield-0.39
10 Day High26.06
10 Day Low25.51
20 Day High26.06
20 Day Low24.32
52 Week High26.06
52 Week Low20.32
CS1 End25.75
CR1 Start25.86
Volume & EV
DER(3)0%
DER(5)0%
Volume500
Volume Incr-90.12%
Vol(5)3.94K
Vol(50)17.13K