NYSEARCA:DDEC - NYSE Arca - US33740U4067 - ETF - Currency: USD
Taking everything into account, DDEC scores 3 out of 10 in our technical rating. DDEC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is bad, DDEC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 39.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.52, a Stop Loss order could be placed below this zone.
36.22
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
NYSEARCA:DDEC (4/29/2025, 8:04:01 PM)
39.1448
+0.13 (+0.32%)