DATA I/O CORP (DAIO) Technical Analysis
NASDAQ:DAIO • US2376901029
Current stock price
DAIO Technical Rating and Analysis
Overall DAIO gets a technical rating of 1 out of 10. DAIO'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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 78% of all other stocks performed better in the past year than DAIO.
- DAIO is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 65% are performing better than DAIO.
- DAIO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month DAIO has a been trading in the 2.16 - 2.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DAIO Weekly and Daily overview Charts
DAIO Setup Rating and Analysis
Although the technical rating is bad, DAIO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DAIO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
DAIO Support and Resistance Analysis
2.25
When analyzing the support we notice one important area.
- A support zone ranging from 2.27 to 2.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.57 to 2.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.21 to 3.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.33 from a horizontal line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for DAIO is neutral. |
| ChartMill Relative Strength | 22.04 | NEGATIVE | DAIO has a low relative strength, it was outperformed by 77.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAIO is above the rising 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) | 50.01 | NEUTRAL | The RSI value for DAIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DAIO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.72 | NEUTRAL | The Stochastics value for DAIO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.43 | HIGH VOLATILITY | The high ATR as a percentage value for DAIO suggests high volalility. |
| Average Directional Index/ADX (14) | 14.91 | 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
2.55
+0.04 (+1.59%)
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 1 / 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.
Can you provide the RSI signal for DATA I/O CORP?
DATA I/O CORP (DAIO) has an RSI value of 50.0111. This indicates that the stock is currently neutral.
What is the MACD signal for DATA I/O CORP (DAIO) stock?
The MACD indicator for DATA I/O CORP (DAIO) has a value of 0.0364525, indicating a bearish trend.
What are the support and resistance levels for DATA I/O CORP (DAIO) stock?
DATA I/O CORP (DAIO) has a support level at 2.3 and a resistance level at 2.57. Check the full technical report for our detailed analysis of DAIO support and resistance levels.