DEFI TECHNOLOGIES INC (DEFT) Stock Technical Analysis
NASDAQ:DEFT - CA2449161025 - Common Stock
2.14 USD
+0.06 (+2.88%)
2.15 USD
+0.01 (+0.47%)
Overall DEFT gets a technical rating of 1 out of 10. In the last year, DEFT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than DEFT.
DEFT is one of the lesser performing stocks in the Capital Markets industry. 89% of 239 stocks in the same industry do better.
In the last month DEFT has a been trading in the 1.99 - 3.00 range, which is quite wide. It is currently trading near the lows of this range.
DEFT has an average volume of 4234510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
DEFT has a poor technical rating and the quality of the setup is also not perfect 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
2.05
2.40
When analyzing the support we notice one important area.
- A support zone ranging from 2.07 to 2.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @2.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.33 to 2.38. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for DEFT is up. |
| 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 | NEGATIVE | The current price of DEFT is below 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) | 36.75 | NEUTRAL | The RSI value for DEFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DEFT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.51 | OVERSOLD | The low Stochastics value suggests DEFT may be oversold. |
| Average True Range in percent/ATR (20) | 8.19 | HIGH VOLATILITY | The high ATR as a percentage value for DEFT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.47 | NEUTRAL | The ADX value for DEFT suggests a possible start of a new 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)
2.14
+0.06 (+2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg2.88%
1 Week-2.28%
2 Weeks-5.73%
1 Month-20.15%
3 Month-36.12%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%8.19%
ATR Inc-37.55%
Range Today0.16
ADR(20)0.16
ADR(20)%7.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.3
10 Day Low1.99
20 Day High3.01
20 Day Low1.99
52 Week HighN/A
52 Week LowN/A
CS1 End2.07
CR1 Start2.25
Volume & EV
DER(3)-0.33%
DER(5)-2.34%
Volume2.68M
Volume Incr-52.18%
Vol(5)2.16M
Vol(50)4.23M