Technical Analysis for NRES - Xtrackers RREEF Global Natural Resources ETF

Grade Last Price % Change Price Change
A 27.59 0.15% 0.04
NRES closed up 0.15 percent on Wednesday, October 2, 2024, on 46 percent of normal volume. 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 N/A Up Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Narrow Range Bar Range Contraction 0.15%
Gapped Up Strength 0.15%
Overbought Stochastic Strength 0.15%
Slingshot Bullish Bullish Swing Setup 1.14%
Narrow Range Bar Range Contraction 1.14%
Overbought Stochastic Strength 1.14%

   Recent Intraday Alerts

Alert Time
Gap Down Closed about 16 hours ago
Reversed from Down about 16 hours ago
60 Minute Opening Range Breakout about 16 hours ago
Rose Above Previous Day's High about 16 hours ago
60 Minute Opening Range Breakdown about 18 hours ago

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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
XOM A 1.33 5.03
CTVA A 1.12 3.70
SW C -1.93 3.18
GOLD C 0.54 2.85

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 28.0786
52 Week Low 24.6051
Average Volume 259
200-Day Moving Average 0.00
50-Day Moving Average 26.60
20-Day Moving Average 26.47
10-Day Moving Average 27.14
Average True Range 0.34
RSI (14) 61.24
ADX 15.84
+DI 44.55
-DI 32.33
Chandelier Exit (Long, 3 ATRs) 26.61
Chandelier Exit (Short, 3 ATRs) 26.23
Upper Bollinger Bands 28.04
Lower Bollinger Band 24.91
Percent B (%b) 0.86
BandWidth 11.81
MACD Line 0.30
MACD Signal Line 0.16
MACD Histogram 0.1438
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.63
Resistance 3 (R3) 27.64 27.63 27.63
Resistance 2 (R2) 27.63 27.62 27.63 27.62
Resistance 1 (R1) 27.61 27.61 27.61 27.61 27.62
Pivot Point 27.60 27.60 27.60 27.60 27.60
Support 1 (S1) 27.58 27.59 27.58 27.58 27.56
Support 2 (S2) 27.57 27.58 27.57 27.56
Support 3 (S3) 27.55 27.57 27.56
Support 4 (S4) 27.55