DATCHAT INC (DATS) Stock Technical Analysis
NASDAQ:DATS - US23816M2061 - Common Stock
2.655 USD
+0.36 (+15.94%)
2.67 USD
+0.02 (+0.56%)
Taking everything into account, DATS scores 7 out of 10 in our technical rating. DATS was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
DATS 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.
Looking at the yearly performance, DATS did better than 90% of all other stocks. On top of that, DATS also shows a nice and consistent pattern of rising prices.
DATS is part of the Software industry. There are 282 other stocks in this industry. DATS outperforms 82% of them.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month DATS has a been trading in the 2.22 - 2.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although DATS 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
2.23
2.73
We found 1 important support area.
- A support zone ranging from 2.25 to 2.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.67 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DATS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DATS is neutral. |
| ChartMill Relative Strength | 90.61 | POSITIVE | DATS has a high relative strength, it outperformed 90.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DATS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DATS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DATS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.66 | NEUTRAL | The RSI value for DATS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DATS has a positive trend. |
| Stochastics (14,3) | 44.38 | NEUTRAL | The Stochastics value for DATS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for DATS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.64 | NEGATIVE | The low ADX value for DATS suggests a weak or negative 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)
2.655
+0.36 (+15.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg15.94%
1 Week19.06%
2 Weeks2.91%
1 Month3.71%
3 Month-0.56%
6 Month-11.5%
12 Month84.38%
2 Year-42.66%
3 Year-73.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%5.66%
ATR Inc138.05%
Range Today0.27
ADR(20)0.14
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.61
Mansfield0.56
10 Day High2.69
10 Day Low2.22
20 Day High2.74
20 Day Low2.22
52 Week High9.34
52 Week Low1.11
CS1 End2.29
CR1 Start2.67
Volume & EV
DER(3)-6.94%
DER(5)1.38%
Volume554.60K
Volume Incr90.88%
Vol(5)142.94K
Vol(50)205.28K