ADVISORSHARES DORSEY MC ETF (DWMC) Stock Technical Analysis
NASDAQ:DWMC - Nasdaq - US00768Y5371 - ETF - Currency: USD
Taking everything into account, DWMC scores 1 out of 10 in our technical rating. DWMC 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.
DWMC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: DWMC has an average volume of 1826 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, DWMC outperforms 67% of them, which is more or less in line with the market.
In the last month DWMC has a been trading in a tight range between 30.95 and 32.63.
Considerably lower volume is observed in the last couple of days.
The technical rating of DWMC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.00
35.19
We found 1 important support area.
- Support @30.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 31.03 to 32.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.30 from a horizontal line in the daily time frame.
- Resistance @33.89 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 34.59 to 34.84. 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
CRS67.79
Mansfield-0.77
10 Day High32.18
10 Day Low30.95
20 Day High32.63
20 Day Low30.95
52 Week High34.85
52 Week Low29.68
Performance
1 Week-2.32%
2 Weeks-4.36%
1 Month-3.72%
3 Month-3.19%
6 Month0.24%
12 Month4.28%
2 Year-21.16%
3 Year40.68%
5 Year41.32%
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)-0.03
RSI(14)38.19
LBB30.64
UBB32.51
NASDAQ:DWMC (10/13/2023, 8:00:02 PM)
30.95
-0.09 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.29%
1 Week-2.32%
2 Weeks-4.36%
1 Month-3.72%
3 Month-3.19%
6 Month0.24%
12 Month4.28%
2 Year-21.16%
3 Year40.68%
5 Year41.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.05%
ATR Inc25.05%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.79
Mansfield-0.77
10 Day High32.18
10 Day Low30.95
20 Day High32.63
20 Day Low30.95
52 Week High34.85
52 Week Low29.68
CS1 End30.3
CR1 Start31.03
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-86.41%
Vol(5)520
Vol(50)1.83K