Technical Analysis for DECO - SPDR Galaxy Digital Asset Ecosystem ETF

Grade Last Price % Change Price Change
B 38.50 -0.40% -0.15
DECO closed down 0.4 percent on Wednesday, November 20, 2024, on approximately normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Up Up

Date Alert Name Type % Chg
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Calm After Storm Range Contraction -0.40%
NR7 Range Contraction -0.40%
Narrow Range Bar Range Contraction -0.40%
Wide Bands Range Expansion -0.40%
Gapped Up Strength -0.40%
Up 3 Days in a Row Strength -0.40%
Calm After Storm Range Contraction 2.38%

   Recent Intraday Alerts

Alert Time
Gapped Up (Full) about 21 hours ago
Rose Above Previous Day's High about 21 hours ago
Up 2% about 21 hours ago
Up 1% about 21 hours ago
Up 2% 3 days ago

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Profile

SPDR Galaxy Digital Asset Ecosystem ETF Description

DECO provides exposure to the growing digital asset ecosystem. The fund invests in companies expected to thrive as blockchain technology becomes more widely adopted, focusing on blockchain-related activities, such as Bitcoin miners and crypto service providers. Simultaneously, it gains exposure to cryptocurrency price movements through ETFs and futures contracts, focusing on bitcoin and ether. Portfolio selection is based on a fundamental, bottom-up analysis, using macroeconomic trends like interest rates and inflation, as well as blockchain data like transaction volumes and mining activity. While crypto positions rely on market conditions, it adjust heavily to direct crypto-related assets when favorable and reduce risk during downturns. Additionally, exposure to cryptocurrencies is limited to 25% and is acquired indirectly through a Cayman Islands subsidiary. The fund may hold cash equivalents or money market instruments for liquidity and collateral purposes.


Classification

Keywords: Exchange Traded Fund Mining Bitcoin Cryptocurrency Financial Technology Blockchain Decentralization Ethereum Blockchain Technology Draft:Bitrue Inc

Is DECO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 41.47
52 Week Low 24.87
Average Volume 1,913
200-Day Moving Average 0.00
50-Day Moving Average 31.35
20-Day Moving Average 35.47
10-Day Moving Average 38.12
Average True Range 1.34
RSI (14) 65.75
ADX 44.88
+DI 51.23
-DI 19.17
Chandelier Exit (Long, 3 ATRs) 37.45
Chandelier Exit (Short, 3 ATRs) 34.90
Upper Bollinger Bands 41.40
Lower Bollinger Band 29.53
Percent B (%b) 0.76
BandWidth 33.45
MACD Line 2.16
MACD Signal Line 2.10
MACD Histogram 0.0611
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.20
Resistance 3 (R3) 40.39 40.01 39.91
Resistance 2 (R2) 40.01 39.57 39.91 39.82
Resistance 1 (R1) 39.25 39.31 39.06 39.06 39.72
Pivot Point 38.87 38.87 38.78 38.78 38.87
Support 1 (S1) 38.12 38.44 37.93 37.93 37.27
Support 2 (S2) 37.74 38.17 37.64 37.17
Support 3 (S3) 36.98 37.74 37.08
Support 4 (S4) 36.79