NYSEARCA:DES - NYSE Arca - US97717W6049 - ETF - Currency: USD
Overall DES gets a technical rating of 0 out of 10. DES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
DES has a bad technical rating, but it does show a decent setup pattern. 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 30.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DES in the last couple of days, which is a good sign.
28.72
When analyzing the support we notice one important area.
4 important resistance areas can be observed.
30.27
+0.17 (+0.56%)