Taking everything into account, DFDV scores 0 out of 10 in our technical rating. DFDV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
7.41
2 important resistance areas can be observed.
- Resistance @9.20 from a trend line in the daily time frame.
- Resistance @10.86 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 | DOWN | NEGATIVE | The long term trend for DFDV is down. |
| 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) | 35.8 | NEUTRAL | The RSI value for DFDV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests DFDV has a positive trend. |
| Stochastics (14,3) | 37.34 | NEUTRAL | The Stochastics value for DFDV is a neutral value. |
| Average True Range in percent/ATR (20) | 11.71 | HIGH VOLATILITY | The high ATR as a percentage value for DFDV suggests high volalility. |
| Average Directional Index/ADX (14) | 36.2 | POSITIVE | The high ADX value value for DFDV suggests a strong trend. |
7.48
+0.48 (+6.86%)
DEFI DEVELOPMENT CORP / DFDV FAQ
Can you provide the ChartMill technical rating for DEFI DEVELOPMENT CORP?
ChartMill assigns a technical rating of 0 / 10 to DFDV.
Can you provide the trend direction for DEFI DEVELOPMENT CORP?
The current trend direction for DEFI DEVELOPMENT CORP (DFDV) is Bearish.
What is the RSI signal for DFDV stock?
DEFI DEVELOPMENT CORP (DFDV) has an RSI value of 35.7997. This indicates that the stock is currently neutral.
What is the MACD signal for DEFI DEVELOPMENT CORP (DFDV) stock?
The MACD indicator for DEFI DEVELOPMENT CORP (DFDV) has a value of 0.180602, indicating a bearish trend.
Can you provide the short term momentum for DEFI DEVELOPMENT CORP?
The short term momentum for DEFI DEVELOPMENT CORP (DFDV) is negative.