DAKOTA GOLD CORP (DC) Stock Technical Analysis
NYSEARCA:DC - NYSE Arca - US46655E1001 - Common Stock - Currency: USD
Overall DC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DC is only an average performer.
The long and short term trends are both positive. This is looking good!
DC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DC is performing more or less in line with the market.
In the last month DC has a been trading in the 2.65 - 3.22 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, DC did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
DC is an average performer in the Metals & Mining industry, it outperforms 51% of 154 stocks in the same industry.
Although DC 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
2.01
3.19
When analyzing the support we can see 6 important areas.
- Support @3.13 from a horizontal line in the daily time frame.
- A support zone ranging from 2.78 to 2.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.69 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.31 from a trend line in the weekly time frame.
- Support @2.14 from a horizontal line in the daily time frame.
- Support @2.03 from a horizontal line in the weekly 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 DC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DC is up. |
| ChartMill Relative Strength | 79.96 | POSITIVE | DC has a high relative strength, it outperformed 79.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.2 | NEUTRAL | The RSI value for DC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DC has a positive trend. |
| Stochastics (14,3) | 79.82 | NEUTRAL | The Stochastics value for DC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for DC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.6 | POSITIVE | The high ADX value value for DC 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)
3.16
+0.1 (+3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.27%
1 Week4.98%
2 Weeks10.88%
1 Month20.15%
3 Month3.95%
6 Month42.34%
12 Month19.7%
2 Year8.22%
3 Year-5.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.14%
ATR Inc-21.59%
Range Today0.14
ADR(20)0.12
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.96
Mansfield2.08
10 Day High3.22
10 Day Low2.85
20 Day High3.22
20 Day Low2.65
52 Week High3.5
52 Week Low1.84
CS1 End3.13
CR1 StartN/A
Volume & EV
DER(3)-1.3%
DER(5)-0.35%
Volume595.95K
Volume Incr7.31%
Vol(5)433.77K
Vol(50)548.95K