We assign a technical rating of 2 out of 10 to DAKT. DAKT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
DAKT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
11.69
When analyzing the support we can see 5 important areas.
When analyzing the resistance we notice 2 important areas.
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 | UP | POSITIVE | The long term trend for DAKT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DAKT is down. |
| ChartMill Relative Strength | 50.89 | NEUTRAL | DAKT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAKT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DAKT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAKT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.87 | NEUTRAL | The RSI value for DAKT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests DAKT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.25 | NEUTRAL | The Stochastics value for DAKT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for DAKT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.35 | NEGATIVE | The low ADX value for DAKT suggests a weak or negative trend. |
18.45
+0.06 (+0.33%)
ChartMill assigns a technical rating of 2 / 10 to DAKT.
The current trend direction for DAKTRONICS INC (DAKT) is Bullish.
DAKTRONICS INC (DAKT) has an RSI value of 45.8726. This indicates that the stock is currently neutral.
The MACD indicator for DAKTRONICS INC (DAKT) has a value of 0.0682676, indicating a bearish trend.
The short term momentum for DAKTRONICS INC (DAKT) is negative.