Technical Analysis for DXQ - Dynamic Active Enhanced Yield Covered Options ETF
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Slingshot Bullish | Bullish Swing Setup | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| New 52 Week High | Strength | -0.95% | |
| Gapped Up | Strength | -0.95% | |
| Overbought Stochastic | Strength | -0.95% | |
| Upper Bollinger Band Touch | Strength | -0.95% | |
| New 52 Week Closing High | Bullish | -1.01% | |
| Overbought Stochastic | Strength | -1.01% | |
| Stochastic Sell Signal | Bearish | -0.68% | |
| Narrow Range Bar | Range Contraction | -0.68% |
| Alert | Time |
|---|---|
| Down 1% | 1 day ago |
| Down 1 ATR | 2 days ago |
| Fell Below 10 DMA | 2 days ago |
| Fell Below Previous Day's Low | 2 days ago |
| Gapped Up (Full) | 3 days ago |
Free Daily (Stock) Chart Reading
Dynamic Active Enhanced Yield Covered Options ETF Description
Dynamic Active Enhanced Yield Covered Options ETF is an exchange traded fund launched and managed by 1832 Asset Management L.P. The fund invests in public equity markets of the United States and Canada region. The fund invests through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of large- cap companies. It employs fundamental analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against a composite index comprising of 20% of the S&P 500 TR Index, 50% of the CBOE S&P 500 PutWrite Index and 30% of the CBOE S&P 500 BuyWrite Index. Dynamic Active Enhanced Yield Covered Options ETF was formed on September 7, 2022 and is domiciled in Canada.
Classification
Keywords: Exchange Traded Funds Financial Markets Options Standard & Poor's Contract Law Chicago Board Options Exchange Cboe Djia Buywrite Index Buy Write
Top 10 Components
| Symbol | Grade | Price % Change | Allocation | |
|---|---|---|---|---|
| CVE | D | -0.85 | 2.91 |
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 25.93 |
| 52 Week Low | 22.7637 |
| Average Volume | 41,874 |
| 200-Day Moving Average | 24.431 |
| 50-Day Moving Average | 25.017 |
| 20-Day Moving Average | 25.443 |
| 10-Day Moving Average | 25.614 |
| Average True Range | 0.165 |
| RSI (14) | 56.90 |
| ADX | 23.22 |
| +DI | 37.988 |
| -DI | 27.391 |
| Chandelier Exit (Long, 3 ATRs) | 25.435 |
| Chandelier Exit (Short, 3 ATRs) | 25.495 |
| Upper Bollinger Bands | 25.935 |
| Lower Bollinger Band | 24.951 |
| Percent B (%b) | 0.62 |
| BandWidth | 3.864 |
| MACD Line | 0.197 |
| MACD Signal Line | 0.187 |
| MACD Histogram | 0.0097 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 25.995 | ||||
| Resistance 3 (R3) | 26.030 | 25.920 | 25.923 | ||
| Resistance 2 (R2) | 25.920 | 25.809 | 25.903 | 25.898 | |
| Resistance 1 (R1) | 25.740 | 25.741 | 25.685 | 25.705 | 25.874 |
| Pivot Point | 25.630 | 25.630 | 25.603 | 25.613 | 25.630 |
| Support 1 (S1) | 25.450 | 25.519 | 25.395 | 25.415 | 25.246 |
| Support 2 (S2) | 25.340 | 25.451 | 25.323 | 25.222 | |
| Support 3 (S3) | 25.160 | 25.340 | 25.198 | ||
| Support 4 (S4) | 25.125 |
