Dropcar Inc (DCAR) Technical Analysis
NASDAQ:DCAR
Current stock price
DCAR Technical Rating and Analysis
Taking everything into account, DCAR scores 4 out of 10 in our technical rating. In the past year, DCAR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, DCAR is a bad performer in the overall market: 69% of all stocks are doing better.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- DCAR has an average volume of 2334850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- DCAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DCAR is lagging the market.
- In the last month DCAR has a been trading in the 0.47 - 1.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DCAR Weekly and Daily overview Charts
DCAR Setup Rating and Analysis
DCAR has an average technical rating and it also 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
DCAR Support and Resistance Analysis
0.40
2 important support areas can be observed.
- Support @0.64 from a trend line in the daily time frame.
- Support @0.40 from a trend line in the daily time frame.
DCAR 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 | NEUTRAL | NEUTRAL | The long term trend for DCAR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DCAR is neutral. |
| ChartMill Relative Strength | 31.29 | NEUTRAL | DCAR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DCAR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DCAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DCAR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.98 | NEUTRAL | The RSI value for DCAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DCAR has a negative trend. |
| Stochastics (14,3) | 51.89 | NEUTRAL | The Stochastics value for DCAR is a neutral value. |
| Average True Range in percent/ATR (20) | 26.58 | HIGH VOLATILITY | The high ATR as a percentage value for DCAR suggests high volalility. |
DCAR Chart- and CandleStick Pattern Analysis
DCAR Technicals: Chart, Performance Metrics, Trend & Indicators
0.778
-0.14 (-15.43%)
Dropcar Inc / DCAR TA FAQ
Can you provide the ChartMill technical rating for Dropcar Inc?
ChartMill assigns a technical rating of 4 / 10 to DCAR.
What is the current trend direction of Dropcar Inc (DCAR) stock?
The current trend direction for Dropcar Inc (DCAR) is Bearish.
What is the RSI signal for Dropcar Inc (DCAR) stock?
Dropcar Inc (DCAR) has an RSI value of 47.9765. This indicates that the stock is currently neutral.
What is the short term momentum for DCAR stock?
The short term momentum for Dropcar Inc (DCAR) is neutral.
What is the support and resistance level for DCAR stock?
Dropcar Inc (DCAR) has a support level at 0.64. Check the full technical report for our detailed analysis of DCAR support and resistance levels.