Technical Analysis for NRES - Xtrackers RREEF Global Natural Resources ETF

Grade Last Price % Change Price Change
B 27.70 -1.49% -0.42
NRES closed down 1.49 percent on Friday, April 12, 2024, on 0 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Up

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Narrow Range Bar Range Contraction -1.49%
Inside Day Range Contraction -1.49%
Gapped Down Weakness -1.49%
Gapped Down Weakness -1.92%
New 52 Week Closing High Bullish -2.51%
New 52 Week High Strength -2.51%
Gapped Up Strength -2.51%

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Profile

Xtrackers RREEF Global Natural Resources ETF Description

NRES is the first actively managed ETF by DWS. It aims for total return, focusing on the global natural resources sector, encompassing agriculture, energy, and metals industries. The funds strategic approach involves top-down and bottom-up research to allocate its investments, considering factors like supply/demand, ESG criteria, and market interrelations. Insight into commodity-price cycles, sector interdependencies and trends guide its decision-making process amid evolving market condition. This approach enhances the ability of NRES to harness investment prospects. Additionally, the fund may concentrate its investments in non-US issuers and diversify up to 20% of its assets into debt securities, short-term investments, and ETFs for liquidity purposes and enhanced risk management. By leveraging this flexibility, NRES seeks to deliver optimal returns while navigating the complexities of the natural resources space. The funds goal is to position itself to seize investment opportunities for long-term growth and value creation.


Classification

Keywords: Exchange Traded Funds

Top 10 Components

Symbol Grade Price % Change Allocation
CTVA B 1.06 3.54
CVX A 0.27 3.48
COP A -0.02 2.85
XOM B 1.42 2.71

Is NRES 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 28.414
52 Week Low 24.8991
Average Volume 5,377
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 0.00
10-Day Moving Average 26.64
Average True Range 0.00
RSI (14) 0.00
ADX 0.0
+DI 0.00
-DI 0.00
Chandelier Exit (Long, 3 ATRs) N/A
Chandelier Exit (Short, 3 ATRs) N/A
Upper Bollinger Bands 0.00
Lower Bollinger Band 0.00
Percent B (%b) 0.0
BandWidth 0.00
MACD Line 0.00
MACD Signal Line 0.00
MACD Histogram 0.0
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.70
Resistance 3 (R3) 27.70 27.70 27.70
Resistance 2 (R2) 27.70 27.70 27.70 27.70
Resistance 1 (R1) 27.70 27.70 27.70 27.70 27.70
Pivot Point 27.70 27.70 27.70 27.70 27.70
Support 1 (S1) 27.70 27.70 27.70 27.70 27.70
Support 2 (S2) 27.70 27.70 27.70 27.70
Support 3 (S3) 27.70 27.70 27.70
Support 4 (S4) 27.70