We assign a technical rating of 3 out of 10 to DCRB. DCRB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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.
9.78
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 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. |
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%)
ChartMill assigns a technical rating of 3 / 10 to DCRB.
The current trend direction for Decarbonization Plus Acquisition Cl A (DCRB) is Bullish.
Decarbonization Plus Acquisition Cl A (DCRB) has an RSI value of 51.9512. This indicates that the stock is currently neutral.
The MACD indicator for Decarbonization Plus Acquisition Cl A (DCRB) has a value of -0.013096, indicating a bearish trend.
Decarbonization Plus Acquisition Cl A (DCRB) has a support level at 10.26 and a resistance level at 10.84. Check the full technical report for our detailed analysis of DCRB support and resistance levels.