Technical Analysis for DRME - Desjardins RI Emrgng Mkt Low Co2 Idx ETF

Grade Last Price % Change Price Change
A 18.830 0.27% 0.050
DRME closed up 0.27 percent on Friday, September 27, 2024, on 6 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Reversal New Highs Setup Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%

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Profile

Desjardins RI Emrgng Mkt Low Co2 Idx ETF Description

Desjardins RI Emerging Markets - Low CO2 Index ETF is an exchange traded fund launched and managed by Desjardins Global Asset Management Inc. It invests in public equity markets of global emerging region. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Scientific Beta Desjardins Emerging Markets RI Low Carbon Index, by using full replication technique. The fund does not invest in stocks of companies operating across companies with the highest carbon intensities subject to sector protection rules and companies that fail to meet pre-determined esg standards sectors. Desjardins RI Emerging Markets - Low CO2 Index ETF is domiciled in Canada.


Classification

Keywords: Exchange Traded Funds Betashares Emerging Market

Is DRME 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 18.83
52 Week Low 14.831
Average Volume 3,657
200-Day Moving Average 16.539
50-Day Moving Average 17.700
20-Day Moving Average 17.700
10-Day Moving Average 17.852
Average True Range 0.181
RSI (14) 74.81
ADX 18.59
+DI 68.021
-DI 24.878
Chandelier Exit (Long, 3 ATRs) 18.288
Chandelier Exit (Short, 3 ATRs) 17.662
Upper Bollinger Bands 18.569
Lower Bollinger Band 16.831
Percent B (%b) 1.15
BandWidth 9.824
MACD Line 0.212
MACD Signal Line 0.055
MACD Histogram 0.157
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.905
Resistance 3 (R3) 18.897 18.863 18.893
Resistance 2 (R2) 18.863 18.844 18.868 18.888
Resistance 1 (R1) 18.847 18.832 18.855 18.855 18.884
Pivot Point 18.813 18.813 18.818 18.818 18.813
Support 1 (S1) 18.797 18.794 18.805 18.805 18.776
Support 2 (S2) 18.763 18.782 18.768 18.772
Support 3 (S3) 18.747 18.763 18.768
Support 4 (S4) 18.755