Taking everything into account, DC scores 6 out of 10 in our technical rating. 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.
DC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.94, a Stop Loss order could be placed below this zone.
3.84
We found 1 important support 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 | UP | POSITIVE | The long term trend for DC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DC is down. |
| ChartMill Relative Strength | 92.87 | POSITIVE | DC has a high relative strength, it outperformed 92.87% 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 | NEGATIVE | The current price of DC is below 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) | 48.09 | NEUTRAL | The RSI value for DC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DC has a positive trend. |
| Stochastics (14,3) | 22.99 | NEUTRAL | The Stochastics value for DC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for DC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.91 | NEGATIVE | The low ADX value for DC suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 4.44 | 3.87 | 0.57 (12.84%) | 7.79% |
| An entry @4.44. This is a Buy Stop order right above the resistance zone. | An exit @3.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.57 points, which is 12.84%. | For a 1.00% total portfolio risk, you can invest 7.79% of your capital in this trade. |
4.13
+0.18 (+4.56%)
ChartMill assigns a technical rating of 6 / 10 to DC.
The current trend direction for DAKOTA GOLD CORP (DC) is Bullish.
DAKOTA GOLD CORP (DC) has an RSI value of 48.09. This indicates that the stock is currently neutral.
The short term momentum for DAKOTA GOLD CORP (DC) is negative.
The buy/sell signal for DAKOTA GOLD CORP (DC) is hold as the short term and long term trends are mixed.