
Technical analysis of Global X Autonomous & Electric Vehicles ETF (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
The Global X Autonomous & Electric Vehicles ETF (DRIV) is an exchange-traded fund that invests at least 80% of its assets in listed companies involved in the development of electric and autonomous vehicles. The fund provides exposure to companies that produce electric or hybrid vehicles, related components and materials, autonomous driving technology, and network connected services for transportation.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 21, 2026, computed on the last 12 months of prices.
21 sessions
32.48 $
−5.36%
50 sessions
33.64 $
−8.61%
200 sessions
34.53 $
−10.98%
s2
29.83
Support
s1
30.29
Support
pivot
30.60
Pivot
r1
31.06
Resistance
r2
31.37
Resistance
In the October 21, 2026 session Global X Autonomous & Electric Vehicles ETF closed higher at 30.74 $, +0.01% versus the previous session.
The price sits below every moving average observed: −5.36% against the 21-session average, −8.61% against the 50 and −10.98% against the 200.
The 14-period RSI reads 29.9, in oversold territory.
MACD stands at -0.874 against a signal line at -0.680: the histogram is negative (−0.194).
ADX reads 36.8, indicating a marked directionality.
Levels computed on the latest session place supports at 30.29 and 29.83 $ and resistances at 31.06 and 31.37 $, around a pivot of 30.60.
The average daily range (ATR) is 0.597 $, or 1.94% of price.
Turnover was 8K shares, 19% of the 20-session average.
Over the last twelve months the price ranged between 30.15 and 42.67 $, and today stands −27.96% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Global X Autonomous & Electric Vehicles ETF analysed technically?
Technical analysis of Global X Autonomous & Electric Vehicles ETF is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Global X Autonomous & Electric Vehicles ETF?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Global X Autonomous & Electric Vehicles ETF?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Global X Autonomous & Electric Vehicles ETF it helps frame the technical structure of the historical chart and is not a forecast.
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