We assign a technical rating of 6 out of 10 to DCRD. In the last year, DCRD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
DCRD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
9.86
When analyzing the support we notice one important 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 | NEUTRAL | NEUTRAL | The long term trend for DCRD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DCRD is neutral. |
| ChartMill Relative Strength | 95.7 | POSITIVE | DCRD has a high relative strength, it outperformed 95.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DCRD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DCRD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DCRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.79 | OVERBOUGHT | The high RSI value suggests DCRD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests DCRD has a positive trend. |
| Stochastics (14,3) | 41.07 | NEUTRAL | The Stochastics value for DCRD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for DCRD suggests high volalility. |
| Average Directional Index/ADX (14) | 37.7 | POSITIVE | The high ADX value value for DCRD suggests a strong trend. |
14.15
+4.08 (+40.52%)
ChartMill assigns a technical rating of 5 / 10 to DCRD.
The current trend direction for DECARBONIZATION PLUS ACQUI-A (DCRD) is Bearish.
DECARBONIZATION PLUS ACQUI-A (DCRD) has an RSI value of 79.7883. This indicates that the stock is currently overbought.
The short term momentum for DECARBONIZATION PLUS ACQUI-A (DCRD) is neutral.