Overall DAPP gets a technical rating of 2 out of 10. DAPP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
DAPP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 16.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DAPP 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
9.30
We found 3 important support areas.
- A support zone ranging from 16.62 to 16.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.96 to 16.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.39 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 19.23 to 19.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.11 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 | NEUTRAL | NEUTRAL | The long term trend for DAPP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DAPP is neutral. |
| ChartMill Relative Strength | 34.58 | NEUTRAL | DAPP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAPP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DAPP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAPP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.44 | NEUTRAL | The RSI value for DAPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests DAPP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.33 | NEUTRAL | The Stochastics value for DAPP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for DAPP suggests high volalility. |
| Average Directional Index/ADX (14) | 16.44 | NEGATIVE | The low ADX value for DAPP suggests a weak or negative trend. |
18.62
-1.25 (-6.29%)
VANECK DIGITAL TRANSFORMATIO / DAPP FAQ
What is the ChartMill technical rating of VANECK DIGITAL TRANSFORMATIO (DAPP) stock?
ChartMill assigns a technical rating of 2 / 10 to DAPP.
What is the current trend direction of VANECK DIGITAL TRANSFORMATIO (DAPP) stock?
The current trend direction for VANECK DIGITAL TRANSFORMATIO (DAPP) is Bearish.
What is the RSI signal for DAPP stock?
VANECK DIGITAL TRANSFORMATIO (DAPP) has an RSI value of 44.437. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VANECK DIGITAL TRANSFORMATIO?
The short term momentum for VANECK DIGITAL TRANSFORMATIO (DAPP) is neutral.