STRIVE US ENERGY ETF (DRLL) Stock Technical Analysis
NYSE:DRLL - New York Stock Exchange, Inc. - US02072L7221 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to DRLL. In the last year, DRLL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, DRLL is a bad performer in the overall market: 67% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month DRLL has a been trading in the 27.57 - 29.69 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.
DRLL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRLL is lagging the market.
DRLL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 28.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DRLL in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.11
31.68
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.31 to 28.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.02 from a horizontal line in the daily time frame.
- A support zone ranging from 26.37 to 26.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 29.09 to 29.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.24 to 30.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.37 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.8
Mansfield-0.91
10 Day High29.69
10 Day Low28.05
20 Day High29.69
20 Day Low27.57
52 Week High32.75
52 Week Low26.32
Performance
1 Week1.3%
2 Weeks2.77%
1 Month-0.99%
3 Month-6.5%
6 Month-0.96%
12 Month1.33%
2 Year2.7%
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)0.07
RSI(14)52.22
LBB27.74
UBB29.67
NYSE:DRLL (2/21/2025, 8:14:25 PM)
28.92
-0.7 (-2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.36%
1 Week1.3%
2 Weeks2.77%
1 Month-0.99%
3 Month-6.5%
6 Month-0.96%
12 Month1.33%
2 Year2.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%1.96%
ATR Inc-2.73%
Range Today0.52
ADR(20)0.51
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.8
Mansfield-0.91
10 Day High29.69
10 Day Low28.05
20 Day High29.69
20 Day Low27.57
52 Week High32.75
52 Week Low26.32
CS1 End28.86
CR1 Start29.09
Volume & EV
DER(3)5.32%
DER(5)9.78%
Volume26.40K
Volume Incr-7.74%
Vol(5)49.52K
Vol(50)73.03K