DIFFUSION PHARMACEUTICALS IN (DFFN) Stock Technical Analysis
NASDAQ:DFFN - Nasdaq - US2537484048 - Common Stock - Currency: USD
Overall DFFN gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. DFFN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, DFFN is a bad performer in the overall market: 75% of all stocks are doing better.
Warning: DFFN has an average volume of 17440 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month DFFN has a been trading in the 3.02 - 5.19 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DFFN is part of the Biotechnology industry. There are 556 other stocks in this industry, DFFN did better than 58% of them.
DFFN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DFFN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DFFN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.18
5.28
When analyzing the support we can see 2 important areas.
- Support @3.77 from a horizontal line in the daily time frame.
- Support @3.21 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.23 from a trend line in the weekly 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 DFFN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DFFN is up. |
| ChartMill Relative Strength | 25.85 | NEGATIVE | DFFN has a low relative strength, it was outperformed by 74.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DFFN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DFFN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DFFN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 78.62 | OVERBOUGHT | The high RSI value suggests DFFN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests DFFN has a positive trend. |
| Stochastics (14,3) | 83.45 | OVERBOUGHT | The high Stochastics value suggests DFFN may be overbought. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for DFFN suggests high volalility. |
| Average Directional Index/ADX (14) | 31.27 | POSITIVE | The high ADX value value for DFFN suggests a strong 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)
4.4
+0.46 (+11.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg11.68%
1 Week40.13%
2 Weeks41.48%
1 Month43.79%
3 Month10.28%
6 Month-26.67%
12 Month-33.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%5.46%
ATR Inc397.5%
Range Today1.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.85
Mansfield-1.92
10 Day High5.19
10 Day Low3.07
20 Day High5.19
20 Day Low3.02
52 Week High7.15
52 Week Low2.76
CS1 End3.77
CR1 Start5.23
Volume & EV
DER(3)14.66%
DER(5)19.93%
Volume351.00K
Volume Incr1504.16%
Vol(5)100.18K
Vol(50)17.44K