Overall BOOM gets a technical rating of 0 out of 10. BOOM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of BOOM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.03
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 6.10 to 6.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.75 from a trend line in the weekly time frame.
- Resistance @8.57 from a horizontal line in the daily time frame.
- Resistance @8.77 from a horizontal line in the weekly time frame.
- Resistance @9.06 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BOOM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOOM is down. |
| ChartMill Relative Strength | 18.5 | NEGATIVE | BOOM has a low relative strength, it was outperformed by 81.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOOM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOOM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.28 | NEUTRAL | The RSI value for BOOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BOOM has a positive trend. |
| Stochastics (14,3) | 55.67 | NEUTRAL | The Stochastics value for BOOM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for BOOM suggests high volalility. |
| Average Directional Index/ADX (14) | 31.11 | POSITIVE | The high ADX value value for BOOM suggests a strong trend. |
6.09
-0.09 (-1.46%)
DMC GLOBAL INC / BOOM FAQ
What is the ChartMill technical rating of DMC GLOBAL INC (BOOM) stock?
ChartMill assigns a technical rating of 0 / 10 to BOOM.
Can you provide the trend direction for DMC GLOBAL INC?
The current trend direction for DMC GLOBAL INC (BOOM) is Bearish.
Can you provide the RSI signal for DMC GLOBAL INC?
DMC GLOBAL INC (BOOM) has an RSI value of 41.2808. This indicates that the stock is currently neutral.
What is the short term momentum for BOOM stock?
The short term momentum for DMC GLOBAL INC (BOOM) is negative.
What is the support and resistance level for BOOM stock?
DMC GLOBAL INC (BOOM) has a resistance level at 6.1. Check the full technical report for our detailed analysis of BOOM support and resistance levels.