Technical Analysis for DVLU - First Trust Dorsey Wright Momentum & Value ETF

Grade Last Price % Change Price Change
grade B 19.35 -0.41% -0.08
DVLU closed down 0.41 percent on Wednesday, November 20, 2019, on 1.22 times 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Flat
See historical DVLU trend table...

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
Hammer Candlestick Bullish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Down 3 Days in a Row Weakness 0.00%
Narrow Range Bar Range Contraction -0.41%
Narrow Range Bar Range Contraction -0.46%
New 52 Week Closing High Bullish -0.62%
Narrow Range Bar Range Contraction -0.62%
Doji - Bearish? Reversal -0.62%

Older signals for DVLU ...

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Profile
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.
Exchange Traded Fund Index Fund Stock Market Index Institutional Investors Net Asset Value Dow Jones Industrial Average Index
Is DVLU a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 20.0
52 Week Low 14.29
Average Volume 6,542
200-Day Moving Average 18.2835
50-Day Moving Average 18.7809
20-Day Moving Average 19.2177
10-Day Moving Average 19.3713
Average True Range 0.1673
ADX 38.33
+DI 56.9403
-DI 24.6476
Chandelier Exit (Long, 3 ATRs ) 19.4981
Chandelier Exit (Short, 3 ATRs ) 19.0719
Upper Bollinger Band 19.6341
Lower Bollinger Band 18.8013
Percent B (%b) 0.66
BandWidth 4.333505
MACD Line 0.2093
MACD Signal Line 0.2196
MACD Histogram -0.0103
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.62
Resistance 3 (R3) 19.61 19.52 19.58
Resistance 2 (R2) 19.52 19.45 19.52 19.56
Resistance 1 (R1) 19.43 19.41 19.39 19.44 19.55
Pivot Point 19.34 19.34 19.31 19.34 19.34
Support 1 (S1) 19.25 19.27 19.20 19.26 19.15
Support 2 (S2) 19.16 19.23 19.16 19.14
Support 3 (S3) 19.07 19.16 19.12
Support 4 (S4) 19.08