GLOBAL X DAX GERMANY ETF (DAX) Stock Technical Analysis
NASDAQ:DAX - Nasdaq - US37954Y4917 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to DAX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DAX is showing a nice and steady performance.
Warning: DAX has an average volume of 27704 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DAX did better than 84% of all other stocks.
DAX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DAX is lagging the market slightly.
In the last month DAX has a been trading in the 35.36 - 38.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although DAX has an excellent technical rating, the quality of the presented setup is not ideal 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
31.23
38.02
4 important support areas can be observed.
- A support zone ranging from 37.04 to 37.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 34.08 to 34.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.50 to 32.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.55 to 31.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.3
Mansfield0.42
10 Day High38.92
10 Day Low36.38
20 Day High38.92
20 Day Low35.36
52 Week High38.92
52 Week Low30.52
Performance
1 Week-1.5%
2 Weeks1.92%
1 Month3.44%
3 Month15.18%
6 Month11.36%
12 Month19.55%
2 Year34.09%
3 Year31.22%
5 Year50.86%
10 Year34.33%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)60.47
LBB35.51
UBB39.09
37.64
-0.41 (-1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.08%
1 Week-1.5%
2 Weeks1.92%
1 Month3.44%
3 Month15.18%
6 Month11.36%
12 Month19.55%
2 Year34.09%
3 Year31.22%
5 Year50.86%
10 Year34.33%
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%1.28%
ATR Inc-23.13%
Range Today0.43
ADR(20)0.35
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.3
Mansfield0.42
10 Day High38.92
10 Day Low36.38
20 Day High38.92
20 Day Low35.36
52 Week High38.92
52 Week Low30.52
CS1 End37.39
CR1 StartN/A
Volume & EV
DER(3)-6.53%
DER(5)-3.84%
Volume30.90K
Volume Incr66.5%
Vol(5)58.80K
Vol(50)27.70K