DAKOTA GOLD CORP (DC) Stock Technical Analysis
USA - NYSEARCA:DC - US46655E1001 - Common Stock
4.24 USD
-0.56 (-11.67%)
4.2244 USD
-0.02 (-0.37%)
We assign a technical rating of 9 out of 10 to DC. In the last year, DC was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month DC has a been trading in the 4.11 - 5.51 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that DC is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, DC also shows a nice and consistent pattern of rising prices.
DC has an average volume of 1113380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DC is an average performer in the Metals & Mining industry, it outperforms 55% of 155 stocks in the same industry.
DC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DC is lagging the market.
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
3.65
4.93
When analyzing the support we notice one important area.
- Support @3.69 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.75 to 4.88. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for DC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DC is neutral. |
| ChartMill Relative Strength | 90.6 | POSITIVE | DC has a high relative strength, it outperformed 90.6% 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) | UP | MIXED | The current price of DC is below 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) | 40.65 | NEUTRAL | The RSI value for DC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DC has a negative trend. |
| Stochastics (14,3) | 22.09 | NEUTRAL | The Stochastics value for DC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.33 | HIGH VOLATILITY | The high ATR as a percentage value for DC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.84 | 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)
4.24
-0.56 (-11.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-11.67%
1 Week-15.87%
2 Weeks-12.03%
1 Month-9.98%
3 Month5.47%
6 Month53.07%
12 Month77.41%
2 Year47.22%
3 Year22.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%7.33%
ATR Inc31.19%
Range Today0.44
ADR(20)0.29
ADR(20)%6.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.6
Mansfield1.81
10 Day High5.51
10 Day Low4.11
20 Day High5.51
20 Day Low4.11
52 Week High5.51
52 Week Low2.05
CS1 End3.69
CR1 Start4.75
Volume & EV
DER(3)-6.8%
DER(5)-2.66%
Volume2.07M
Volume Incr34.25%
Vol(5)1.64M
Vol(50)1.11M