Logo image of DCAR

Dropcar Inc (DCAR) Stock Technical Analysis

USA - NASDAQ:DCAR -

0.778
-0.14 (-15.43%)
Last: 5/28/2020, 8:00:08 PM
0.75
-0.03 (-3.6%)
After Hours: 5/28/2020, 8:00:08 PM
Technical Rating and Analysis

4

Taking everything into account, DCAR scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DCAR was also a bad performer in the overall market in the last year.

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.
Weekly and Daily overview Charts
Dropcar Inc / DCAR Weekly stock chart
Dropcar Inc / DCAR Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

0.40

0.79

When analyzing the support we can see 2 important areas.

  • Support @0.64 from a trend line in the daily time frame.
  • Support @0.40 from a trend line in the daily time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for DCAR is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for DCAR is neutral.
ChartMill Relative Strength31.29NEUTRALDCAR is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of DCAR is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DCAR is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of DCAR is above a declining SMA(200).
Relative Strength Index/RSI (14)47.98NEUTRALThe RSI value for DCAR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests DCAR has a negative trend.
Stochastics (14,3)51.89NEUTRALThe Stochastics value for DCAR is a neutral value.
Average True Range in percent/ATR (20)26.58HIGH VOLATILITYThe high ATR as a percentage value for DCAR suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
Dropcar Inc / DCAR Daily stock chart

Dropcar Inc

NASDAQ:DCAR (5/28/2020, 8:00:08 PM)

After market: 0.75 -0.03 (-3.6%)

0.778

-0.14 (-15.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-15.43%
1 Week-24.47%
2 Weeks-3.95%
1 Month38.34%
3 Month12.75%
6 Month38.88%
12 Month-33.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%26.58%
ATR Inc88.1%
Range Today0.4
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.29
Mansfield0.01
10 Day High1.35
10 Day Low0.75
20 Day High1.35
20 Day Low0.48
52 Week High1.75
52 Week Low0.36
CS1 End0.64
CR1 StartN/A
Volume & EV
DER(3)1.94%
DER(5)-0.74%
Volume15.93M
Volume Incr206.32%
Vol(5)8.53M
Vol(50)2.33M