DAKOTA GOLD CORP (DC) Technical Analysis
NYSEARCA:DC • US46655E1001
Current stock price
DC Technical Rating and Analysis
We assign a technical rating of 8 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.
- 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.
- Looking at the yearly performance, DC did better than 89% of all other stocks. On top of that, DC also shows a nice and consistent pattern of rising prices.
- In the last month DC has a been trading in the 4.33 - 5.80 range, which is quite wide. It is currently trading near the high of this range.
- DC has an average volume of 1919780 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 59% of 160 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DC Weekly and Daily overview Charts
DC Setup Rating and Analysis
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
DC Support and Resistance Analysis
4.30
3 important support areas can be observed.
- Support @4.70 from a trend line in the weekly time frame.
- Support @4.53 from a trend line in the daily time frame.
- A support zone ranging from 4.34 to 4.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 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 | 89.19 | POSITIVE | DC has a high relative strength, it outperformed 89.19% 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) | 59.27 | NEUTRAL | The RSI value for DC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests DC has a positive trend. |
| Stochastics (14,3) | 89.38 | OVERBOUGHT | The high Stochastics value suggests DC may be overbought. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for DC suggests high volalility. |
| Average Directional Index/ADX (14) | 16.4 | NEGATIVE | The low ADX value for DC suggests a weak or negative trend. |
DC Chart- and CandleStick Pattern Analysis
DC Technicals: Chart, Performance Metrics, Trend & Indicators
5.77
+0.35 (+6.46%)
DAKOTA GOLD CORP / DC TA FAQ
Can you provide the ChartMill technical rating for DAKOTA GOLD CORP?
ChartMill assigns a technical rating of 8 / 10 to DC.
What is the trend direction for DC stock?
The current trend direction for DAKOTA GOLD CORP (DC) is Bullish.
What is the RSI signal for DAKOTA GOLD CORP (DC) stock?
DAKOTA GOLD CORP (DC) has an RSI value of 59.2678. This indicates that the stock is currently neutral.
What is the MACD signal for DAKOTA GOLD CORP (DC) stock?
The MACD indicator for DAKOTA GOLD CORP (DC) has a value of 0.132325, indicating a bearish trend.
What is the short term momentum for DC stock?
The short term momentum for DAKOTA GOLD CORP (DC) is neutral.