Decarbonization Plus Acquisition Cl A (DCRB) Technical Analysis
NASDAQ:DCRB
Current stock price
DCRB Technical Rating and Analysis
Overall DCRB gets a technical rating of 3 out of 10. DCRB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, DCRB is a bad performer in the overall market: 100% of all stocks are doing better.
- DCRB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DCRB is lagging the market.
- In the last month DCRB has a been trading in the 9.95 - 10.88 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
DCRB Weekly and Daily overview Charts
DCRB Setup Rating and Analysis
DCRB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.26, a Stop Loss order could be placed below this zone.
More info and screens
DCRB Support and Resistance Analysis
9.78
When analyzing the support we notice one important area.
- A support zone ranging from 9.88 to 10.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.84 to 10.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
DCRB 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 DCRB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DCRB is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | DCRB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DCRB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DCRB is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.95 | NEUTRAL | The RSI value for DCRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DCRB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.3 | NEUTRAL | The Stochastics value for DCRB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for DCRB suggests some volalility. |
DCRB Chart- and CandleStick Pattern Analysis
DCRB Technicals: Chart, Performance Metrics, Trend & Indicators
Decarbonization Plus Acquisition Cl A
NASDAQ:DCRB (7/16/2021, 8:03:08 PM)
After market: 10.34 +0.01 (+0.1%)10.33
+0.33 (+3.3%)
Decarbonization Plus Acquisition Cl A / DCRB TA FAQ
What is the ChartMill technical rating of Decarbonization Plus Acquisition Cl A (DCRB) stock?
ChartMill assigns a technical rating of 3 / 10 to DCRB.
Can you provide the trend direction for Decarbonization Plus Acquisition Cl A?
The current trend direction for Decarbonization Plus Acquisition Cl A (DCRB) is Bullish.
What is the RSI signal for DCRB stock?
Decarbonization Plus Acquisition Cl A (DCRB) has an RSI value of 51.9512. This indicates that the stock is currently neutral.
What is the MACD signal for Decarbonization Plus Acquisition Cl A (DCRB) stock?
The MACD indicator for Decarbonization Plus Acquisition Cl A (DCRB) has a value of -0.013096, indicating a bearish trend.