DB GOLD DOUBLE SHORT ETN (DZZ) Stock Technical Analysis
NYSEARCA:DZZ - NYSE Arca - US25154H7567 - ETF - Currency: USD
Taking everything into account, DZZ scores 8 out of 10 in our technical rating. DZZ has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: DZZ has an average volume of 20304 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
DZZ is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DZZ slightly outperforms the market at the moment.
In the last month DZZ has a been trading in the 1.46 - 2.10 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that DZZ is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DZZ has an excellent technical rating, the quality of the presented setup is 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
1.61
2.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.71 to 1.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.63 from a trend 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
CRS88.99
Mansfield1.99
10 Day High2.1
10 Day Low1.49
20 Day High2.1
20 Day Low1.46
52 Week High2.18
52 Week Low1.35
Performance
1 Week13.39%
2 Weeks22.16%
1 Month20.35%
3 Month30.77%
6 Month24.39%
12 Month-2.16%
2 Year-12.82%
3 Year-17.43%
5 Year-45.51%
10 Year-72.24%
15 Year-82.97%
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)66.47
LBB1.52
UBB1.99
2.04
+0.14 (+7.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.37%
1 Week13.39%
2 Weeks22.16%
1 Month20.35%
3 Month30.77%
6 Month24.39%
12 Month-2.16%
2 Year-12.82%
3 Year-17.43%
5 Year-45.51%
10 Year-72.24%
15 Year-82.97%
Volatility
ATR(14)0.17
ATR(20)%7.1%
ATR Inc-0.37%
Range Today0.2
ADR(20)0.14
ADR(20)%6.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.99
Mansfield1.99
10 Day High2.1
10 Day Low1.49
20 Day High2.1
20 Day Low1.46
52 Week High2.18
52 Week Low1.35
CS1 End1.74
CR1 StartN/A
Volume & EV
DER(3)3.28%
DER(5)2.82%
Volume122.90K
Volume Incr459.43%
Vol(5)63.30K
Vol(50)20.30K