Taking everything into account, DIV scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DIV was also a bad performer in the overall market in the last year.
Although the technical rating is bad, DIV 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 17.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.59, a Stop Loss order could be placed below this zone. 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
16.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.33 to 17.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.85 to 16.96. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 16.48 to 16.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.79 to 18.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for DIV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DIV is up. |
| ChartMill Relative Strength | 33.66 | NEUTRAL | DIV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DIV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DIV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DIV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.71 | NEUTRAL | The RSI value for DIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DIV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.03 | NEUTRAL | The Stochastics value for DIV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for DIV suggests low volalility. |
| Average Directional Index/ADX (14) | 10.36 | NEGATIVE | The low ADX value for DIV suggests a weak or negative trend. |
17.6
+0.02 (+0.11%)
GLOBAL X SUPERDIVIDEND USE / DIV FAQ
What is the technical rating for DIV stock?
ChartMill assigns a technical rating of 3 / 10 to DIV.
What is the current trend direction of GLOBAL X SUPERDIVIDEND USE (DIV) stock?
The current trend direction for GLOBAL X SUPERDIVIDEND USE (DIV) is Bearish.
What is the RSI signal for GLOBAL X SUPERDIVIDEND USE (DIV) stock?
GLOBAL X SUPERDIVIDEND USE (DIV) has an RSI value of 54.7147. This indicates that the stock is currently neutral.
What is the MACD signal for DIV stock?
The MACD indicator for GLOBAL X SUPERDIVIDEND USE (DIV) has a value of -0.0098788, indicating a bearish trend.