DDI Technical Analysis - DOUBLEDOWN INTERACTIVE -ADR

Technical Rating and Analysis

Taking everything into account, DDI scores 0 out of 10 in our technical rating. DDI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, DDI is a bad performer in the overall market: 91% of all stocks are doing better.

DDI is one of the lesser performing stocks in the Entertainment industry. 73% of 80 stocks in the same industry do better.

DDI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month DDI has a been trading in the 9.13 - 9.74 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

DOUBLEDOWN INTERACTIVE -ADR / DDI Weekly stock chart

DOUBLEDOWN INTERACTIVE -ADR / DDI Daily stock chart

Setup Rating and Analysis

DDI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

8.69

11.15

We found 2 important support areas.

A support zone ranging from 9.09 to 9.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @8.78 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 9.25 to 9.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 9.66 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @10.80 from a horizontal line in the daily time frame.
Resistance @11.04 from a horizontal line in the daily time frame.

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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	DOWN	NEGATIVE	The long term trend for DDI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for DDI is down.
ChartMill Relative Strength	9.7	NEGATIVE	DDI has a low relative strength, it was outperformed by 90.3% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of DDI is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of DDI is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of DDI is below a declining SMA(200).
Relative Strength Index/RSI (14)	36.79	NEUTRAL	The RSI value for DDI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests DDI has a negative trend.
Stochastics (14,3)	25.98	NEUTRAL	The Stochastics value for DDI is a neutral value.
Average True Range in percent/ATR (20)	1.88	LOW VOLATILITY	The low ATR as a percentage value for DDI suggests low volalility.
Average Directional Index/ADX (14)	8.51	NEGATIVE	The low ADX value for DDI suggests a weak or negative trend.