Technical Analysis for DECO - SPDR Galaxy Digital Asset Ecosystem ETF

Grade Last Price % Change Price Change
C 37.39 2.07% 0.76
DECO closed up 2.07 percent on Friday, November 15, 2024, on 3.43 times normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Up

Date Alert Name Type % Chg
Volume Surge Other 0.00%
Wide Bands Range Expansion 0.00%
Calm After Storm Range Contraction 2.07%
NR7 Range Contraction 2.07%
Narrow Range Bar Range Contraction 2.07%
Upper Bollinger Band Walk Strength 2.07%
Wide Bands Range Expansion 2.07%
Down 3 Days in a Row Weakness 2.07%
Gapped Down Weakness 2.07%
1,2,3 Pullback Bullish Bullish Swing Setup -0.87%

   Recent Intraday Alerts

Alert Time
2x Volume Pace 3 days ago
3x Volume Pace 3 days ago
Up 1% 3 days ago
Rose Above Previous Day's High 3 days ago
1.5x Volume Pace 3 days ago

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Profile

SPDR Galaxy Digital Asset Ecosystem ETF Description

DECO provides exposure to the growing digital asset ecosystem. The fund invests in companies expected to thrive as blockchain technology becomes more widely adopted, focusing on blockchain-related activities, such as Bitcoin miners and crypto service providers. Simultaneously, it gains exposure to cryptocurrency price movements through ETFs and futures contracts, focusing on bitcoin and ether. Portfolio selection is based on a fundamental, bottom-up analysis, using macroeconomic trends like interest rates and inflation, as well as blockchain data like transaction volumes and mining activity. While crypto positions rely on market conditions, it adjust heavily to direct crypto-related assets when favorable and reduce risk during downturns. Additionally, exposure to cryptocurrencies is limited to 25% and is acquired indirectly through a Cayman Islands subsidiary. The fund may hold cash equivalents or money market instruments for liquidity and collateral purposes.


Classification

Keywords: Exchange Traded Fund Mining Bitcoin Cryptocurrency Financial Technology Blockchain Decentralization Ethereum Blockchain Technology Draft:Bitrue Inc

Is DECO 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 41.47
52 Week Low 24.87
Average Volume 1,979
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 34.58
10-Day Moving Average 36.56
Average True Range 1.42
RSI (14) 62.96
ADX 45.54
+DI 47.33
-DI 22.62
Chandelier Exit (Long, 3 ATRs) 37.21
Chandelier Exit (Short, 3 ATRs) 35.14
Upper Bollinger Bands 40.34
Lower Bollinger Band 28.81
Percent B (%b) 0.74
BandWidth 33.35
MACD Line 2.24
MACD Signal Line 2.03
MACD Histogram 0.2057
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 38.53
Resistance 3 (R3) 38.40 37.90 38.34
Resistance 2 (R2) 37.90 37.61 37.96 38.28
Resistance 1 (R1) 37.64 37.43 37.77 37.77 38.21
Pivot Point 37.14 37.14 37.20 37.20 37.14
Support 1 (S1) 36.88 36.85 37.01 37.01 36.57
Support 2 (S2) 36.38 36.67 36.44 36.50
Support 3 (S3) 36.12 36.38 36.44
Support 4 (S4) 36.25