DDC ENTERPRISE LTD-A (DDC) Stock Technical Analysis
USA - NYSEARCA:DDC - KYG276AC1192 - Common Stock
Overall DDC gets a technical rating of 1 out of 10. DDC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of DDC is bad and it also does not present a 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
7.08
We found 3 important support areas.
- A support zone ranging from 7.57 to 7.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.42 from a trend line in the daily time frame.
- A support zone ranging from 7.15 to 7.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.80 to 7.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @13.42 from a trend line in the weekly time frame.
- Resistance @14.48 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for DDC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DDC is down. |
| ChartMill Relative Strength | 17.95 | NEGATIVE | DDC has a low relative strength, it was outperformed by 82.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DDC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DDC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DDC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.03 | NEUTRAL | The RSI value for DDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests DDC has a positive trend. |
| Stochastics (14,3) | 25.72 | NEUTRAL | The Stochastics value for DDC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for DDC suggests high volalility. |
| Average Directional Index/ADX (14) | 16.88 | NEGATIVE | The low ADX value for DDC suggests a weak or negative trend. |
7.65
+0.06 (+0.79%)
DDC ENTERPRISE LTD-A / DDC FAQ
What is the ChartMill technical rating of DDC ENTERPRISE LTD-A (DDC) stock?
ChartMill assigns a technical rating of 1 / 10 to DDC.
What is the trend direction for DDC stock?
The current trend direction for DDC ENTERPRISE LTD-A (DDC) is Bearish.
What is the RSI signal for DDC ENTERPRISE LTD-A (DDC) stock?
DDC ENTERPRISE LTD-A (DDC) has an RSI value of 41.0254. This indicates that the stock is currently neutral.
What is the short term momentum for DDC stock?
The short term momentum for DDC ENTERPRISE LTD-A (DDC) is negative.
What is the support and resistance level for DDC stock?
DDC ENTERPRISE LTD-A (DDC) has a support level at 7.61 and a resistance level at 7.8. Check the full technical report for our detailed analysis of DDC support and resistance levels.