DATA I/O CORP (DAIO) Technical Analysis
NASDAQ:DAIO • US2376901029
Current stock price
DAIO Technical Rating and Analysis
Taking everything into account, DAIO scores 0 out of 10 in our technical rating. DAIO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DAIO is a bad performer in the overall market: 75% of all stocks are doing better.
- DAIO is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 64% are performing better than DAIO.
- In the last month DAIO has a been trading in the 2.41 - 2.99 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: DAIO has an average volume of 20266 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- DAIO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DAIO is lagging the market slightly.
DAIO Weekly and Daily overview Charts
DAIO Setup Rating and Analysis
The technical rating of DAIO 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
DAIO Support and Resistance Analysis
2.44
5 important resistance areas can be observed.
- A resistance zone ranging from 2.64 to 2.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.01 from a trend line in the daily time frame.
- Resistance @3.17 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.29 to 3.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.43 from a horizontal line in the daily time frame.
DAIO Technical Indicator Signal Analysis
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 DAIO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DAIO is down. |
| ChartMill Relative Strength | 25.64 | NEGATIVE | DAIO has a low relative strength, it was outperformed by 74.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DAIO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DAIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.15 | OVERSOLD | The low RSI value suggests DAIO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DAIO has a negative trend. |
| Stochastics (14,3) | 3.05 | OVERSOLD | The low Stochastics value suggests DAIO may be oversold. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for DAIO suggests high volalility. |
| Average Directional Index/ADX (14) | 13.52 | NEGATIVE | The low ADX value for DAIO suggests a weak or negative trend. |
DAIO Chart- and CandleStick Pattern Analysis
DAIO Technicals: Chart, Performance Metrics, Trend & Indicators
2.46
-0.09 (-3.53%)
DATA I/O CORP / DAIO TA FAQ
What is the ChartMill technical rating of DATA I/O CORP (DAIO) stock?
ChartMill assigns a technical rating of 0 / 10 to DAIO.
Can you provide the trend direction for DATA I/O CORP?
The current trend direction for DATA I/O CORP (DAIO) is Bearish.
What is the RSI signal for DATA I/O CORP (DAIO) stock?
DATA I/O CORP (DAIO) has an RSI value of 28.15. This indicates that the stock is currently oversold.
What is the MACD signal for DAIO stock?
The MACD indicator for DATA I/O CORP (DAIO) has a value of -0.014081, indicating a bearish trend.
What is the short term momentum for DATA I/O CORP (DAIO) stock?
The short term momentum for DATA I/O CORP (DAIO) is negative.