DOUBLEDOWN INTERACTIVE -ADR (DDI) Stock Technical Analysis
NASDAQ:DDI - Nasdaq - US25862B1098 - ADR - Currency: USD
Taking everything into account, DDI scores 1 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.
85% of all other stocks performed better in the past year than DDI.
DDI is one of the lesser performing stocks in the Entertainment industry. 69% of 72 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 9.41 - 10.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DDI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
8.69
11.15
When analyzing the support we can see 2 important areas.
- Support @9.63 from a horizontal line in the daily time frame.
- A support zone ranging from 8.78 to 8.90. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.79 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.30 from a trend line in the daily time frame.
- A resistance zone ranging from 10.80 to 11.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 15.55 | NEGATIVE | DDI has a low relative strength, it was outperformed by 84.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DDI is below the rising 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) | 48.61 | NEUTRAL | The RSI value for DDI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DDI has a negative trend. |
| Stochastics (14,3) | 13.37 | OVERSOLD | The low Stochastics value suggests DDI may be oversold. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for DDI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.81 | NEGATIVE | The low ADX value for DDI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.74
+0.04 (+0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.41%
1 Week-0.51%
2 Weeks-3.56%
1 Month2.42%
3 Month-0.61%
6 Month-6.35%
12 Month-19.44%
2 Year11.75%
3 Year-0.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%2.57%
ATR Inc-12.55%
Range Today0.16
ADR(20)0.25
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.55
Mansfield-2.29
10 Day High10.3
10 Day Low9.6
20 Day High10.3
20 Day Low9.41
52 Week High18.21
52 Week Low8.09
CS1 End9.63
CR1 Start9.79
Volume & EV
DER(3)2.16%
DER(5)-1.59%
Volume20.20K
Volume Incr-49.25%
Vol(5)33.70K
Vol(50)75.05K