NUVEEN DOW 30 DYNAMIC OVERWR (DIAX) Stock Technical Analysis
NYSE:DIAX - New York Stock Exchange, Inc. - US67075F1057 - Currency: USD
Overall DIAX gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DIAX is only an average performer.
Although the technical rating is only medium, DIAX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.55, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DIAX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
13.45
3 important support areas can be observed.
- A support zone ranging from 15.32 to 15.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.47 to 15.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.59 to 13.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 15.76 to 15.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 |
|---|---|---|---|
| 15.82 | 15.31 | 0.51 (3.22%) | 25.00% |
| An entry @15.82. This is a Buy Stop order right above the resistance zone. | An exit @15.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.51 points, which is 3.22%. | For a 0.81% total portfolio risk, you can invest 25.00% 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.
NUVEEN DOW 30 DYNAMIC OVERWR
NYSE:DIAX (2/12/2025, 8:06:40 PM)
15.64
+0.04 (+0.26%)