Technical Analysis for DVLU - First Trust Dorsey Wright Momentum & Value ETF
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 27.91 | 0.36% | 0.10 |
DVLU closed up 0.36 percent on Friday, April 19, 2024, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Hammer Candlestick | Bullish | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| Strong but Oversold | Other | 0.00% | |
| Strong, Oversold and Reversal Signs | Reversal | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Outside Day | Range Expansion | 0.36% | |
| Gapped Up | Strength | 0.36% | |
| Below Lower BB | Weakness | 0.36% | |
| Down 3 Days in a Row | Weakness | 0.36% |
| Alert | Time |
|---|---|
| Fell Below Previous Day's Low | about 15 hours ago |
| 1.5x Volume Pace | about 17 hours ago |
| Possible NR7 | 1 day ago |
| Rose Above Previous Day's High | 1 day ago |
| Rose Above Lower Bollinger Band | 1 day ago |
Free Daily (Stock) Chart Reading
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Value Index (the "index").
Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 most undervalued stocks comprising the NASDAQ US Large Mid Index that exhibit high levels of "relative strength." The fund is non-diversified.
Keywords: Exchange Traded Fund ETF Index Fund Stock Market Index Dow Jones Industrial Average Index Relative Strength
Classification
Keywords: Exchange Traded Fund ETF Index Fund Stock Market Index Dow Jones Industrial Average Index Relative Strength
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 30.12 |
| 52 Week Low | 20.9581 |
| Average Volume | 2,903 |
| 200-Day Moving Average | 24.94 |
| 50-Day Moving Average | 28.25 |
| 20-Day Moving Average | 29.10 |
| 10-Day Moving Average | 28.55 |
| Average True Range | 0.33 |
| RSI (14) | 38.27 |
| ADX | 30.54 |
| +DI | 24.75 |
| -DI | 36.30 |
| Chandelier Exit (Long, 3 ATRs) | 29.14 |
| Chandelier Exit (Short, 3 ATRs) | 28.77 |
| Upper Bollinger Bands | 30.58 |
| Lower Bollinger Band | 27.62 |
| Percent B (%b) | 0.1 |
| BandWidth | 10.18 |
| MACD Line | -0.13 |
| MACD Signal Line | 0.14 |
| MACD Histogram | -0.2671 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 28.15 | ||||
| Resistance 3 (R3) | 28.14 | 28.04 | 28.11 | ||
| Resistance 2 (R2) | 28.04 | 27.98 | 28.05 | 28.10 | |
| Resistance 1 (R1) | 27.98 | 27.94 | 27.93 | 27.99 | 28.08 |
| Pivot Point | 27.88 | 27.88 | 27.86 | 27.89 | 27.88 |
| Support 1 (S1) | 27.82 | 27.82 | 27.77 | 27.83 | 27.74 |
| Support 2 (S2) | 27.72 | 27.78 | 27.73 | 27.72 | |
| Support 3 (S3) | 27.66 | 27.72 | 27.71 | ||
| Support 4 (S4) | 27.67 |
