NYSEARCA:DNL - NYSE Arca - US97717W8441 - ETF - Currency: USD
Overall DNL gets a technical rating of 3 out of 10. DNL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, DNL does present a nice setup opportunity. 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 37.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DNL in the last couple of days, which is a good sign.
35.19
When analyzing the support we notice one important area.
When analyzing the resistance we notice 4 important areas.
NYSEARCA:DNL (3/7/2025, 8:20:05 PM)
37.67
+0.26 (+0.7%)