DAKOTA GOLD CORP (DC) Technical Analysis
NYSEARCA:DC • US46655E1001
Current stock price
4.54 USD
-0.21 (-4.42%)
At close:
4.567 USD
+0.03 (+0.59%)
After Hours:
DC Technical Rating and Analysis
Overall DC gets a technical rating of 3 out of 10. Although DC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month DC has a been trading in the 4.33 - 7.11 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- DC has an average volume of 1972840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, DC did better than 84% of all other stocks. However, DC's most recent performance is quite weak.
- DC is an average performer in the Metals & Mining industry, it outperforms 45% of 159 stocks in the same industry.
- DC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DC is lagging the market slightly.
DC Weekly and Daily overview Charts
DC Setup Rating and Analysis
The technical rating of DC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DC Support and Resistance Analysis
4.08
7.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.27 to 4.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.12 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @7.00 from a horizontal line in the daily time frame.
DC 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 | NEUTRAL | NEUTRAL | The long term trend for DC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DC is down. |
| ChartMill Relative Strength | 84.19 | POSITIVE | DC has a high relative strength, it outperformed 84.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.38 | OVERSOLD | The low RSI value suggests DC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests DC has a negative trend. |
| Stochastics (14,3) | 6.24 | OVERSOLD | The low Stochastics value suggests DC may be oversold. |
| Average True Range in percent/ATR (20) | 8.94 | HIGH VOLATILITY | The high ATR as a percentage value for DC suggests high volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for DC suggests a possible start of a new trend. |
DC Chart- and CandleStick Pattern Analysis
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)
DC Technicals: Chart, Performance Metrics, Trend & Indicators
4.54
-0.21 (-4.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.42%
1 Week-17.6%
2 Weeks-25.57%
1 Month-25.57%
3 Month-21.99%
6 Month-4.82%
12 Month62.14%
2 Year91.56%
3 Year25.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%8.94%
ATR Inc5.09%
Range Today0.42
ADR(20)0.38
ADR(20)%8.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.19
3 months CRS17.57
6 months CRS42.72
Mansfield0.18
10 Day High6.39
10 Day Low4.34
20 Day High7.11
20 Day Low4.34
52 Week High7.25
52 Week Low2.4
CS1 End4.31
CR1 Start7
Volume & EV
DER(3)-2.94%
DER(5)-0.98%
Volume9.91M
Volume Incr162.84%
Vol(5)3.89M
Vol(50)1.97M
DAKOTA GOLD CORP / DC TA FAQ
Can you provide the ChartMill technical rating for DAKOTA GOLD CORP?
ChartMill assigns a technical rating of 3 / 10 to DC.
What is the trend direction for DC stock?
The current trend direction for DAKOTA GOLD CORP (DC) is Bearish.
What is the RSI signal for DC stock?
DAKOTA GOLD CORP (DC) has an RSI value of 29.3787. This indicates that the stock is currently oversold.
Can you provide the short term momentum for DAKOTA GOLD CORP?
The short term momentum for DAKOTA GOLD CORP (DC) is negative.