NASDAQ:DMXF - Nasdaq - US46436E7590 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to DMXF. In the last year, DMXF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, DMXF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 70.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 69.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DMXF in the last couple of days, which is a good sign.
63.27
We found 2 important support areas.
2 important resistance areas can be observed.
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 |
---|---|---|---|
70.17 | 67.46 | 2.71 (3.86%) | 25.00% |
An entry @70.17. This is a Buy Stop order right above the resistance zone. | An exit @67.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.71 points, which is 3.86%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
NASDAQ:DMXF (3/7/2025, 8:20:03 PM)
69.92
+0.76 (+1.1%)