DEFI TECHNOLOGIES INC (DEFT) Stock Technical Analysis
USA - NASDAQ:DEFT - CA2449161025 - Common Stock
1.62 USD
0 (0%)
1.64 USD
+0.02 (+1.23%)
Taking everything into account, DEFT scores 0 out of 10 in our technical rating. DEFT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 237 other stocks in this industry, of which 89% are performing better than DEFT.
In the last month DEFT has a been trading in the 1.50 - 2.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
DEFT has an average volume of 9132740 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, the long term trend is neutral. Not much exciting going on here.
The technical rating of DEFT is bad and it also does not present a quality setup 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
1.60
2.16
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.94 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.07 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.14 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 DEFT is neutral. |
| 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) | 29.42 | OVERSOLD | The low RSI value suggests DEFT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DEFT has a negative trend. |
| Stochastics (14,3) | 11.16 | OVERSOLD | The low Stochastics value suggests DEFT may be oversold. |
| Average True Range in percent/ATR (20) | 8.1 | HIGH VOLATILITY | The high ATR as a percentage value for DEFT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.21 | 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)
1.62
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0%
1 Week-15.18%
2 Weeks-19.4%
1 Month-20.98%
3 Month-37.93%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%8.1%
ATR Inc13.05%
Range Today0.14
ADR(20)0.12
ADR(20)%7.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRS4.37
6 months CRSN/A
Mansfield-30
10 Day High2.13
10 Day Low1.5
20 Day High2.25
20 Day Low1.5
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1.94
Volume & EV
DER(3)-0.48%
DER(5)-1.48%
Volume8.44M
Volume Incr-28.28%
Vol(5)7.21M
Vol(50)9.13M
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 current trend direction of DEFI TECHNOLOGIES INC (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 29.415. This indicates that the stock is currently oversold.
What is the short term momentum for DEFI TECHNOLOGIES INC (DEFT) stock?
The short term momentum for DEFI TECHNOLOGIES INC (DEFT) is negative.