DIGITAL BRANDS GROUP INC (DBGI) Technical Analysis
NASDAQ:DBGI • US25401N5077
Current stock price
DBGI Technical Rating and Analysis
Overall DBGI gets a technical rating of 0 out of 10. DBGI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DBGI is a bad performer in the overall market: 100% of all stocks are doing better.
- DBGI is one of the lesser performing stocks in the Specialty Retail industry. 89% of 123 stocks in the same industry do better.
- DBGI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DBGI is lagging the market.
- In the last month DBGI has a been trading in the 2.03 - 4.94 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
DBGI Weekly and Daily overview Charts
DBGI Setup Rating and Analysis
The technical rating of DBGI is bad and it also does not present a 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
DBGI Support and Resistance Analysis
2.11
We found 1 important resistance area.
- A resistance zone ranging from 2.29 to 2.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
DBGI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for DBGI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DBGI is down. |
| ChartMill Relative Strength | 0.5 | NEGATIVE | DBGI has a low relative strength, it was outperformed by 99.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DBGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DBGI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DBGI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.6 | NEUTRAL | The RSI value for DBGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests DBGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 7.01 | OVERSOLD | The low Stochastics value suggests DBGI may be oversold. |
| Average True Range in percent/ATR (20) | 26.55 | HIGH VOLATILITY | The high ATR as a percentage value for DBGI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.75 | NEUTRAL | The ADX value for DBGI suggests a possible start of a new trend. |
DBGI Chart- and CandleStick Pattern Analysis
DBGI Technicals: Chart, Performance Metrics, Trend & Indicators
2.13
-0.15 (-6.58%)
DIGITAL BRANDS GROUP INC / DBGI TA FAQ
What is the ChartMill technical rating of DIGITAL BRANDS GROUP INC (DBGI) stock?
ChartMill assigns a technical rating of 0 / 10 to DBGI.
What is the current trend direction of DIGITAL BRANDS GROUP INC (DBGI) stock?
The current trend direction for DIGITAL BRANDS GROUP INC (DBGI) is Bearish.
Can you provide the RSI signal for DIGITAL BRANDS GROUP INC?
DIGITAL BRANDS GROUP INC (DBGI) has an RSI value of 34.6032. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIGITAL BRANDS GROUP INC?
The short term momentum for DIGITAL BRANDS GROUP INC (DBGI) is negative.
What is the buy/sell signal for DBGI stock?
The buy/sell signal for DIGITAL BRANDS GROUP INC (DBGI) is sell as both the short term and long term trends are negative.