We assign a technical rating of 7 out of 10 to DATS. 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. We also observe that the gains produced by DATS over the past year are nicely spread over this period.
- DATS is one of the better performing stocks in the Software industry, it outperforms 95% of 277 stocks in the same industry.
- 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.
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2.23
When analyzing the support we notice one important 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. |
2.655
+0.36 (+15.94%)
DATCHAT INC / DATS FAQ
What is the ChartMill technical rating of DATCHAT INC (DATS) stock?
ChartMill assigns a technical rating of 7 / 10 to DATS.
What is the current trend direction of DATCHAT INC (DATS) stock?
The current trend direction for DATCHAT INC (DATS) is Bearish.
What is the RSI signal for DATCHAT INC (DATS) stock?
DATCHAT INC (DATS) has an RSI value of 55.656. This indicates that the stock is currently neutral.
What is the MACD signal for DATCHAT INC (DATS) stock?
The MACD indicator for DATCHAT INC (DATS) has a value of 0.00526335, indicating a bearish trend.
What are the support and resistance levels for DATCHAT INC (DATS) stock?
DATCHAT INC (DATS) has a support level at 2.29 and a resistance level at 2.67. Check the full technical report for our detailed analysis of DATS support and resistance levels.