OPAL DIVIDEND INCOME ETF (DIVZ) Stock Technical Analysis
NYSEARCA:DIVZ - NYSE Arca - US53656F4744 - ETF - Currency: USD
Taking everything into account, DIVZ scores 6 out of 10 in our technical rating. Although DIVZ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DIVZ has only a medium 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 33.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.03, a Stop Loss order could be placed below this zone.
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30.62
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.61 to 33.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.60 to 32.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 30.93 to 31.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 33.30 to 33.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 34.18 to 34.21. 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 |
|---|---|---|---|
| 33.62 | 32.60 | 1.02 (3.03%) | 25.00% |
| An entry @33.62. This is a Buy Stop order right above the resistance zone. | An exit @32.60. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.02 points, which is 3.03%. | For a 0.76% 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.
NYSEARCA:DIVZ (4/30/2025, 12:18:14 PM)
33.1
-0.1 (-0.3%)