DLN.L Forecast and Technical Stock Analysis
Buy candidate since 2019-08-16
WISDOMTREE U.S. LARGECAP DIVIDEND FUND N/A gained 1.13% in the last trading day ( Friday, 16th Aug 2019 ), rising from £30.10 to £30.44 , and has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.40% from a day low at £30.04 to a day high of £30.46. The price has risen in 7 of the last 10 days and is up by 3.89% over the past 2 weeks. Volume fell in the last day by -52 049 shares and in total, 241 605 shares bought and sold for approximately £7.35 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the DLN.L stock price was £31.04 and low was £28.58.
- 90 day high was £33.52 and low was £28.58.
- 52 week high for WISDOMTREE U.S. LARGECAP DIVIDEND FUND N/A - £3 204.00 and low - £27.45.
WISDOMTREE U.S. LARGECAP DIVIDEND FUND N/A has broken the falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is £29.95, a level that may pose a second chance to hit a runner. According to fan-theory £31.59 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.
Only positive signals in the chart today. WISDOMTREE U.S. LARGECAP DIVIDEND FUND N/A holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at £29.65 and £30.29. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday August 05, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Relative Strength Index (RSI)
RSImin/max Values: [ 15 - 80 ]
RSI14 is 51 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
WISDOMTREE U.S. LARGECAP DIVIDEND FUND N/A finds support from accumulated volume at £30.26.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved £0.42 (1.40%) between high and low. For the last week, the stock has had daily average volatility of 1.76%.
Our recommended stop-loss: £29.07 (-4.51%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 9 days ago.)
1.76 %Average volatility
Very Low Low Medium High Very High
Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!