DRAGONFLY ENERGY HOLDINGS CO (DFLI) Technical Analysis
NASDAQ:DFLI • US26145B4032
Current stock price
2.99 USD
+0.24 (+8.73%)
At close:
3.0801 USD
+0.09 (+3.01%)
After Hours:
DFLI Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to DFLI. DFLI 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, DFLI is a bad performer in the overall market: 98% of all stocks are doing better.
- DFLI is one of the lesser performing stocks in the Electrical Equipment industry. 93% of 91 stocks in the same industry do better.
- DFLI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DFLI is lagging the market.
- In the last month DFLI has a been trading in the 2.16 - 3.32 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DFLI Weekly and Daily overview Charts
DFLI Setup Rating and Analysis
The technical rating of DFLI 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
DFLI Support and Resistance Analysis
2.29
3.02
We found 2 important support areas.
- A support zone ranging from 2.58 to 2.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.31 to 2.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
DFLI Technical Indicator Signal Analysis
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 DFLI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DFLI is neutral. |
| ChartMill Relative Strength | 2.23 | NEGATIVE | DFLI has a low relative strength, it was outperformed by 97.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DFLI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DFLI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DFLI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.99 | NEUTRAL | The RSI value for DFLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests DFLI has a positive trend. |
| Stochastics (14,3) | 72.35 | NEUTRAL | The Stochastics value for DFLI is a neutral value. |
| Average True Range in percent/ATR (20) | 9 | HIGH VOLATILITY | The high ATR as a percentage value for DFLI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.65 | NEGATIVE | The low ADX value for DFLI suggests a weak or negative trend. |
DFLI Chart- and CandleStick Pattern Analysis
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)
DFLI Technicals: Chart, Performance Metrics, Trend & Indicators
2.99
+0.24 (+8.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg8.73%
1 Week15.44%
2 Weeks17.25%
1 Month30.57%
3 Month-62.3%
6 Month8.93%
12 Month-74.44%
2 Year-93.85%
3 Year-98.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%9%
ATR Inc63.89%
Range Today0.55
ADR(20)0.26
ADR(20)%8.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.23
3 months CRS2.56
6 months CRS79.12
Mansfield-4.7
10 Day High3.32
10 Day Low2.4
20 Day High3.32
20 Day Low2.16
52 Week High26.1
52 Week Low1.5
CS1 End2.6
CR1 StartN/A
Volume & EV
DER(3)2.37%
DER(5)5.99%
Volume860.40K
Volume Incr17.46%
Vol(5)377.66K
Vol(50)521.32K
DRAGONFLY ENERGY HOLDINGS CO / DFLI TA FAQ
What is the ChartMill technical rating of DRAGONFLY ENERGY HOLDINGS CO (DFLI) stock?
ChartMill assigns a technical rating of 1 / 10 to DFLI.
What is the current trend direction of DRAGONFLY ENERGY HOLDINGS CO (DFLI) stock?
The current trend direction for DRAGONFLY ENERGY HOLDINGS CO (DFLI) is Bearish.
What is the RSI signal for DRAGONFLY ENERGY HOLDINGS CO (DFLI) stock?
DRAGONFLY ENERGY HOLDINGS CO (DFLI) has an RSI value of 53.9914. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DRAGONFLY ENERGY HOLDINGS CO?
The MACD indicator for DRAGONFLY ENERGY HOLDINGS CO (DFLI) has a value of 0.0982844, indicating a bearish trend.
What is the short term momentum for DFLI stock?
The short term momentum for DRAGONFLY ENERGY HOLDINGS CO (DFLI) is neutral.