DAKOTA GOLD CORP (DC) Stock Technical Analysis
NYSEARCA:DC - US46655E1001 - Common Stock
4.17 USD
+0.03 (+0.72%)
4.25 USD
+0.08 (+1.92%)
Taking everything into account, DC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DC did better than 93% of all other stocks. On top of that, DC also shows a nice and consistent pattern of rising prices.
DC is one of the better performing stocks in the Metals & Mining industry, it outperforms 70% of 156 stocks in the same industry.
DC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DC is lagging the market slightly.
In the last month DC has a been trading in the 3.62 - 4.25 range, which is quite wide. It is currently trading near the high of this range.
DC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for DC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.95
4.21
When analyzing the support we can see 6 important areas.
- A support zone ranging from 3.97 to 4.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.84 to 3.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.69 from a horizontal line in the daily time frame.
- A support zone ranging from 3.59 to 3.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.04 from a trend line in the daily time frame.
- Support @2.98 from a trend 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 | 93.37 | POSITIVE | DC has a high relative strength, it outperformed 93.37% 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) | 59.15 | 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) | 83.01 | OVERBOUGHT | The high Stochastics value suggests DC may be overbought. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for DC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.66 | NEUTRAL | The ADX value for DC suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.26 | 3.96 | 0.30 (7.04%) | 14.20% |
| An entry @4.26. This is a Buy Stop order right above the 10 day high. | An exit @3.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 7.04%. | When investing 14.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.17
+0.03 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.72%
1 Week2.96%
2 Weeks4.51%
1 Month15.51%
3 Month36.27%
6 Month37.62%
12 Month79.74%
2 Year44.79%
3 Year22.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%3.53%
ATR Inc-34.21%
Range Today0.1
ADR(20)0.15
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.37
Mansfield3.18
10 Day High4.25
10 Day Low3.74
20 Day High4.25
20 Day Low3.62
52 Week High4.47
52 Week Low2.05
CS1 End4.03
CR1 StartN/A
Volume & EV
DER(3)2.61%
DER(5)6.69%
Volume671.60K
Volume Incr-15.81%
Vol(5)493.62K
Vol(50)722.39K