DAKTRONICS INC (DAKT) Stock Technical Analysis
NASDAQ:DAKT - Nasdaq - US2342641097 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to DAKT. In the past year, DAKT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
DAKT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 71% of 125 stocks in the same industry.
In the last month DAKT has a been trading in the 10.92 - 13.46 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the yearly performance of all stocks, we notice that DAKT is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
DAKT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of DAKT is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.48
13.68
3 important support areas can be observed.
- A support zone ranging from 12.89 to 12.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 11.81 to 12.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.60 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.43 to 13.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.01
Mansfield-0.37
10 Day High13.46
10 Day Low11.97
20 Day High13.46
20 Day Low10.92
52 Week High19.89
52 Week Low10.24
Performance
1 Week6.85%
2 Weeks8.14%
1 Month9.82%
3 Month-18.22%
6 Month3.31%
12 Month29.66%
2 Year113.36%
3 Year301.8%
5 Year216.51%
10 Year24.49%
15 Year59.38%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.17
RSI(14)61.04
LBB11.88
UBB13.18
13.42
+0.57 (+4.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg4.44%
1 Week6.85%
2 Weeks8.14%
1 Month9.82%
3 Month-18.22%
6 Month3.31%
12 Month29.66%
2 Year113.36%
3 Year301.8%
5 Year216.51%
10 Year24.49%
15 Year59.38%
Volatility
ATR(14)0.43
ATR(20)%4.37%
ATR Inc16.3%
Range Today0.5
ADR(20)0.55
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.01
Mansfield-0.37
10 Day High13.46
10 Day Low11.97
20 Day High13.46
20 Day Low10.92
52 Week High19.89
52 Week Low10.24
CS1 End12.93
CR1 Start13.43
Volume & EV
DER(3)-1.48%
DER(5)-0.49%
Volume251.60K
Volume Incr-50%
Vol(5)218.54K
Vol(50)486.98K