DOUBLEDOWN INTERACTIVE -ADR (DDI) Stock Technical Analysis
NASDAQ:DDI - Nasdaq - US25862B1098 - ADR - Currency: USD
We assign a technical rating of 3 out of 10 to DDI. Recently some decent action could be observed, but in the medium term time frame this is still negative. DDI was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, DDI is a bad performer in the overall market: 72% of all stocks are doing better.
DDI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DDI is lagging the market.
Warning: DDI has an average volume of 27294 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month DDI has a been trading in the 9.24 - 11.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
DDI is part of the Entertainment industry. There are 71 other stocks in this industry, DDI did better than 45% of them.
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. There is very little resistance above the current price.
More info and screens
8.97
11.15
We found 3 important support areas.
- A support zone ranging from 9.91 to 10.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.45 to 9.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 9.06 to 9.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @10.46 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 | NEUTRAL | NEUTRAL | The long term trend for DDI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DDI is neutral. |
| ChartMill Relative Strength | 28.59 | NEGATIVE | DDI has a low relative strength, it was outperformed by 71.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DDI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DDI is above the rising 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) | 52.05 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 22.34 | NEUTRAL | The Stochastics value for DDI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.7 | HIGH VOLATILITY | The high ATR as a percentage value for DDI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.28 | 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)
10.1
+0.26 (+2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.64%
1 Week0.5%
2 Weeks-7.85%
1 Month3.06%
3 Month1.41%
6 Month-30.68%
12 Month-22.31%
2 Year14.25%
3 Year-10.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%5.7%
ATR Inc-67.68%
Range Today0.34
ADR(20)0.56
ADR(20)%5.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.59
Mansfield-1.71
10 Day High11.14
10 Day Low9.6
20 Day High11.25
20 Day Low9.24
52 Week High18.21
52 Week Low8.88
CS1 End10.08
CR1 Start10.46
Volume & EV
DER(3)-6.19%
DER(5)-7.43%
Volume10.10K
Volume Incr-76.28%
Vol(5)8.78K
Vol(50)27.29K