DMY SQUARED TECHNOLOGY GR-A (DMYY) Stock Technical Analysis
NYSEARCA:DMYY - NYSE Arca - US2332761046 - Common Stock - Currency: USD
Taking everything into account, DMYY scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DMYY is only an average performer.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DMYY did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
DMYY is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month DMYY has a been trading in the 10.40 - 11.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, DMYY also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 10.89, a Stop Loss order could be placed below this zone.
More info and screens
10.27
11.20
We found 1 important support area.
- A support zone ranging from 10.37 to 10.89. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS76.71
Mansfield-0.42
10 Day High11.9
10 Day Low10.8
20 Day High11.9
20 Day Low10.4
52 Week High11.9
52 Week Low10.4
Performance
1 Week-1.42%
2 Weeks3.64%
1 Month4.13%
3 Month5.32%
6 Month3.45%
12 Month5.52%
2 Year8.2%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.01
RSI(14)58.69
LBB10.47
UBB11.52
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 |
|---|---|---|---|
| 11.13 | 10.79 | 0.34 (3.06%) | 25.00% |
| An entry @11.13. This is a Buy Stop order right above the 10 day moving average. | An exit @10.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.34 points, which is 3.06%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The distance between exit and entry is rather small compared to the average daily movement of DMYY. Please evaluate whether better entry and exit points can be found.
- 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.
11.09
+0.06 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.54%
1 Week-1.42%
2 Weeks3.64%
1 Month4.13%
3 Month5.32%
6 Month3.45%
12 Month5.52%
2 Year8.2%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.96%
ATR Inc1.08%
Range Today0.27
ADR(20)0.16
ADR(20)%1.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.71
Mansfield-0.42
10 Day High11.9
10 Day Low10.8
20 Day High11.9
20 Day Low10.4
52 Week High11.9
52 Week Low10.4
CS1 End10.89
CR1 StartN/A
Volume & EV
DER(3)-3.05%
DER(5)-3.9%
Volume77.60K
Volume Incr-17.42%
Vol(5)86.60K
Vol(50)53.36K