NYSEARCA:DEED - NYSE Arca - US33740U1097 - ETF - Currency: USD
Taking everything into account, DEED scores 4 out of 10 in our technical rating. DEED 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 only medium, DEED does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.98, a Stop Loss order could be placed below this zone.
19.82
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
NYSEARCA:DEED (4/28/2025, 12:25:48 PM)
21.03
+0.04 (+0.19%)