DEFI DEVELOPMENT CORP (DFDV) Stock Technical Analysis
NASDAQ:DFDV - Nasdaq - US47100L3015 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to DFDV. In the last year, DFDV 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 DFDV.
DFDV is part of the Consumer Finance industry. There are 53 other stocks in this industry, of which 94% are performing better than DFDV.
In the last month DFDV has a been trading in the 12.84 - 32.00 range, which is quite wide. It is currently trading near the lows of this range.
DFDV has an average volume of 2168020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
The technical rating of DFDV 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
13.32
29.72
When analyzing the support we can see 2 important areas.
- Support @14.04 from a horizontal line in the weekly time frame.
- Support @13.45 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @24.63 from a trend line in the daily time frame.
- Resistance @29.43 from a trend line 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 | UP | POSITIVE | The long term trend for DFDV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DFDV is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | DFDV 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 DFDV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DFDV is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.61 | NEUTRAL | The RSI value for DFDV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests DFDV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.51 | OVERSOLD | The low Stochastics value suggests DFDV may be oversold. |
| Average True Range in percent/ATR (20) | 18.12 | HIGH VOLATILITY | The high ATR as a percentage value for DFDV suggests high volalility. |
| Average Directional Index/ADX (14) | 16.13 | NEGATIVE | The low ADX value for DFDV 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)
15.68
+2.22 (+16.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg16.49%
1 Week11.6%
2 Weeks-18.25%
1 Month-42.46%
3 Month46.41%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2
ATR(20)%18.12%
ATR Inc-15.67%
Range Today2.41
ADR(20)2.66
ADR(20)%16.99%
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 High20.49
10 Day Low12.84
20 Day High32
20 Day Low12.84
52 Week HighN/A
52 Week LowN/A
CS1 End14.04
CR1 Start24.63
Volume & EV
DER(3)1%
DER(5)-0.78%
Volume2.86M
Volume Incr-17.71%
Vol(5)2.07M
Vol(50)2.17M