Logo image of YANG

DRX DLY FTSE CHINA BEAR 3X (YANG) Stock Technical Analysis

NYSEARCA:YANG - American Stock Exchange - US25461A4601 - ETF - Currency: USD

63.76  -4.94 (-7.19%)

After market: 64.12 +0.36 (+0.56%)

Technical Rating and Analysis

0

Overall YANG gets a technical rating of 0 out of 10. YANG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, YANG is a bad performer in the overall market: 96% of all stocks are doing better.
YANG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month YANG has a been trading in the 63.36 - 83.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
DRX DLY FTSE CHINA BEAR 3X / YANG Weekly stock chart
DRX DLY FTSE CHINA BEAR 3X / YANG Daily stock chart
Setup Rating and Analysis

2

The technical rating of YANG is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

56.82

86.50

We found 1 important support area.

  • Support @57.39 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 63.77 to 63.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 71.72 to 73.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @85.64 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.6
Mansfield-6.37
10 Day High83.49
10 Day Low63.36
20 Day High83.49
20 Day Low63.36
52 Week High353.6
52 Week Low47.8
Performance
1 Week-13.52%
2 Weeks-16.9%
1 Month-6.14%
3 Month-12.18%
6 Month-65.2%
12 Month-78.63%
2 Year-60.2%
3 Year-81.65%
5 Year-93.61%
10 Year-98.88%
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)-0.99
RSI(14)38.37
LBB62.48
UBB83.76
DRX DLY FTSE CHINA BEAR 3X / YANG Daily stock chart

DRX DLY FTSE CHINA BEAR 3X

NYSEARCA:YANG (1/24/2025, 8:16:47 PM)

After market: 64.12 +0.36 (+0.56%)

63.76

-4.94 (-7.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.19%
1 Week-13.52%
2 Weeks-16.9%
1 Month-6.14%
3 Month-12.18%
6 Month-65.2%
12 Month-78.63%
2 Year-60.2%
3 Year-81.65%
5 Year-93.61%
10 Year-98.88%
15 YearN/A
Volatility
ATR(14)3.84
ATR(20)%5.47%
ATR Inc-3.7%
Range Today2.98
ADR(20)2.25
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.6
Mansfield-6.37
10 Day High83.49
10 Day Low63.36
20 Day High83.49
20 Day Low63.36
52 Week High353.6
52 Week Low47.8
CS1 End57.39
CR1 Start63.77
Volume & EV
DER(3)-3.52%
DER(5)-3.28%
Volume1.07M
Volume Incr31.44%
Vol(5)841.40K
Vol(50)880.98K