GLOBAL X AUTONOMOUS&ELEC-ETF (DRIV) Stock Technical Analysis
NASDAQ:DRIV - Nasdaq - US37954Y6243 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to DRIV. In the last year, DRIV was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DRIV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DRIV is lagging the market slightly.
In the last month DRIV has a been trading in the 22.22 - 24.36 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When compared to the yearly performance of all other stocks, DRIV outperforms 48% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
DRIV has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.38
25.71
We found 4 important support areas.
- A support zone ranging from 23.42 to 23.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.92 to 23.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong support @22.45 from a horizontal line in the daily time frame.
- A support zone ranging from 20.59 to 20.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @23.75 from a horizontal line in the weekly time frame.
- Resistance @24.22 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.70 to 25.46. This zone is formed by a combination of multiple trend lines 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
CRS48
Mansfield-0.61
10 Day High24.36
10 Day Low22.7
20 Day High24.36
20 Day Low22.22
52 Week High25.46
52 Week Low20.13
Performance
1 Week0.51%
2 Weeks1.84%
1 Month-1.12%
3 Month0.81%
6 Month4.26%
12 Month0.76%
2 Year1.58%
3 Year-13.42%
5 Year74.12%
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)0.1
RSI(14)53.35
LBB22.48
UBB24.39
23.75
-0.48 (-1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.98%
1 Week0.51%
2 Weeks1.84%
1 Month-1.12%
3 Month0.81%
6 Month4.26%
12 Month0.76%
2 Year1.58%
3 Year-13.42%
5 Year74.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%1.85%
ATR Inc19.85%
Range Today0.7
ADR(20)0.35
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48
Mansfield-0.61
10 Day High24.36
10 Day Low22.7
20 Day High24.36
20 Day Low22.22
52 Week High25.46
52 Week Low20.13
CS1 End23.59
CR1 Start23.75
Volume & EV
DER(3)2.91%
DER(5)4.24%
Volume57.70K
Volume Incr48.48%
Vol(5)146.82K
Vol(50)105.46K