We assign a technical rating of 7 out of 10 to DC. DC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although DC has an excellent technical rating, it does not present a decent entry opportunity 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.
3.84
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for DC is neutral. |
| ChartMill Relative Strength | 93.85 | POSITIVE | DC has a high relative strength, it outperformed 93.85% 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) | DOWN | MIXED | The current price of DC is above a declining 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) | 58.21 | NEUTRAL | The RSI value for DC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DC has a positive trend. |
| Stochastics (14,3) | 69.29 | NEUTRAL | The Stochastics value for DC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for DC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.08 | NEGATIVE | The low ADX value for DC suggests a weak or negative trend. |
4.49
+0.25 (+5.9%)
ChartMill assigns a technical rating of 7 / 10 to DC.
The current trend direction for DAKOTA GOLD CORP (DC) is Bearish.
DAKOTA GOLD CORP (DC) has an RSI value of 58.2084. This indicates that the stock is currently neutral.
The short term momentum for DAKOTA GOLD CORP (DC) is neutral.