DB GOLD DOUBLE LONG ETN (DGP) Stock Technical Analysis
NYSEARCA:DGP - NYSE Arca - US25154H7492 - ETF - Currency: USD
Overall DGP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DGP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: DGP has an average volume of 9134 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!
When comparing the yearly performance of all stocks, we notice that DGP is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, DGP also shows a nice and consistent pattern of rising prices.
DGP is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month DGP has a been trading in the 76.11 - 82.98 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DGP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 81.47. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
68.92
82.99
4 important support areas can be observed.
- Support @78.49 from a trend line in the daily time frame.
- A support zone ranging from 77.13 to 77.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @71.07 from a trend line in the weekly time frame.
- Support @69.62 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 81.47 to 82.17. 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
CRS95.42
Mansfield2.39
10 Day High82.5
10 Day Low76.11
20 Day High82.98
20 Day Low76.11
52 Week High82.98
52 Week Low46.63
Performance
1 Week3.58%
2 Weeks-1.92%
1 Month2.93%
3 Month20.87%
6 Month31.51%
12 Month66.89%
2 Year89.17%
3 Year82.35%
5 Year145.99%
10 Year244.24%
15 Year194.83%
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)-0.43
RSI(14)55.75
LBB77.54
UBB83.01
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 |
|---|---|---|---|
| 82.18 | 78.48 | 3.70 (4.50%) | 22.21% |
| An entry @82.18. This is a Buy Stop order right above the resistance zone. | An exit @78.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.70 points, which is 4.50%. | For a 1.00% total portfolio risk, you can invest 22.21% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:DGP (3/7/2025, 8:19:39 PM)
79.8979
+0.17 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week3.58%
2 Weeks-1.92%
1 Month2.93%
3 Month20.87%
6 Month31.51%
12 Month66.89%
2 Year89.17%
3 Year82.35%
5 Year145.99%
10 Year244.24%
15 Year194.83%
Volatility
ATR(14)1.81
ATR(20)%2.44%
ATR Inc-14.76%
Range Today2.3
ADR(20)1.45
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.42
Mansfield2.39
10 Day High82.5
10 Day Low76.11
20 Day High82.98
20 Day Low76.11
52 Week High82.98
52 Week Low46.63
CS1 End78.49
CR1 Start81.47
Volume & EV
DER(3)1.23%
DER(5)1.95%
Volume7.10K
Volume Incr-10.54%
Vol(5)9.76K
Vol(50)9.13K