NYSEARCA:DDWM - NYSE Arca - US97717X2633 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to DDWM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DDWM is showing a nice and steady performance.
DDWM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DDWM in the last couple of days, which is a good sign.
31.51
4 important support areas can be observed.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
37.33 | 36.58 | 0.75 (2.01%) | 25.00% |
An entry @37.33. This is a Buy Stop order right above the resistance zone. | An exit @36.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.75 points, which is 2.01%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%. |
NYSEARCA:DDWM (3/7/2025, 8:19:14 PM)
37.31
+0.49 (+1.33%)