VANECK DIGITAL TRANSFORMATIO (DAPP) Stock Technical Analysis
USA - NASDAQ:DAPP - US92189H8218 - ETF
20.58 USD
-0.2 (-0.96%)
20.58 USD
0 (0%)
Overall DAPP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DAPP is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DAPP is one of the better performing stocks in the market, outperforming 91% of all stocks.
DAPP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DAPP is lagging the market slightly.
In the last month DAPP has a been trading in the 16.31 - 22.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although DAPP has an excellent technical rating, it does not offer a high 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
16.48
20.79
4 important support areas can be observed.
- A support zone ranging from 20.57 to 20.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.10 to 18.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.62 from a trend line in the daily time frame.
- Support @16.65 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 | UP | POSITIVE | The long term trend for DAPP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DAPP is up. |
| ChartMill Relative Strength | 91.1 | POSITIVE | DAPP has a high relative strength, it outperformed 91.1% off all stocks 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) | UP | POSITIVE | The current price of DAPP is above the rising 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) | 57.61 | NEUTRAL | The RSI value for DAPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DAPP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.45 | NEUTRAL | The Stochastics value for DAPP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for DAPP suggests some volalility. |
| Average Directional Index/ADX (14) | 33.32 | POSITIVE | The high ADX value value for DAPP suggests a strong trend. |
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)
20.58
-0.2 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.96%
1 Week-5.86%
2 Weeks4.04%
1 Month16.21%
3 Month30.25%
6 Month120.58%
12 Month66.91%
2 Year275.55%
3 Year316.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.99
ATR(20)%4.52%
ATR Inc46.79%
Range Today0.95
ADR(20)0.87
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.1
Mansfield2.48
10 Day High22.82
10 Day Low19.83
20 Day High22.82
20 Day Low16.31
52 Week High22.82
52 Week Low7.8
CS1 End20.57
CR1 StartN/A
Volume & EV
DER(3)-2.72%
DER(5)-0.92%
Volume874.40K
Volume Incr4.17%
Vol(5)635.24K
Vol(50)590.29K