DEFI TECHNOLOGIES INC (DEFT) Stock Technical Analysis
NASDAQ:DEFT • CA2449161025
Taking everything into account, DEFT scores 0 out of 10 in our technical rating. DEFT'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.
- 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, DEFT is a bad performer in the overall market: 100% of all stocks are doing better.
- DEFT is part of the Capital Markets industry. There are 238 other stocks in this industry, of which 89% are performing better than DEFT.
- DEFT has an average volume of 4926130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month DEFT has a been trading in the 0.60 - 0.83 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, DEFT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.74. Right above this resistance zone may be a good entry point.
More info and screens
0.72
We found 1 important resistance area.
- A resistance zone ranging from 0.74 to 0.75. 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 DEFT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DEFT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | DEFT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DEFT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DEFT is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 44.95 | NEUTRAL | The RSI value for DEFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DEFT has a positive trend. |
| Stochastics (14,3) | 43.51 | NEUTRAL | The Stochastics value for DEFT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.87 | HIGH VOLATILITY | The high ATR as a percentage value for DEFT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.1 | POSITIVE | The high ADX value value for DEFT suggests a strong trend. |
0.7254
+0.02 (+2.4%)
DEFI TECHNOLOGIES INC / DEFT FAQ
Can you provide the ChartMill technical rating for DEFI TECHNOLOGIES INC?
ChartMill assigns a technical rating of 0 / 10 to DEFT.
What is the trend direction for DEFT stock?
The current trend direction for DEFI TECHNOLOGIES INC (DEFT) is Bearish.
What is the RSI signal for DEFI TECHNOLOGIES INC (DEFT) stock?
DEFI TECHNOLOGIES INC (DEFT) has an RSI value of 44.9508. This indicates that the stock is currently neutral.
What is the short term momentum for DEFT stock?
The short term momentum for DEFI TECHNOLOGIES INC (DEFT) is negative.
What is the buy/sell signal for DEFT stock?
The buy/sell signal for DEFI TECHNOLOGIES INC (DEFT) is sell as both the short term and long term trends are negative.