Taking everything into account, DFLI scores 0 out of 10 in our technical rating. DFLI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
3.52
When analyzing the support we can see 2 important areas.
- Support @4.02 from a horizontal line in the weekly time frame.
- Support @3.56 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @6.51 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 DFLI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DFLI is down. |
| ChartMill Relative Strength | 4.81 | NEGATIVE | DFLI has a low relative strength, it was outperformed by 95.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DFLI is below a declining 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) | 34.56 | NEUTRAL | The RSI value for DFLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests DFLI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.98 | OVERSOLD | The low Stochastics value suggests DFLI may be oversold. |
| Average True Range in percent/ATR (20) | 23.28 | HIGH VOLATILITY | The high ATR as a percentage value for DFLI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for DFLI suggests a weak or negative trend. |
4.19
-0.16 (-3.68%)
DRAGONFLY ENERGY HOLDINGS CO / DFLI FAQ
Can you provide the ChartMill technical rating for DRAGONFLY ENERGY HOLDINGS CO?
ChartMill assigns a technical rating of 0 / 10 to DFLI.
What is the trend direction for 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 34.5562. This indicates that the stock is currently neutral.
What is the MACD signal for DRAGONFLY ENERGY HOLDINGS CO (DFLI) stock?
The MACD indicator for DRAGONFLY ENERGY HOLDINGS CO (DFLI) has a value of -0.322126, indicating a bearish trend.
Can you provide the short term momentum for DRAGONFLY ENERGY HOLDINGS CO?
The short term momentum for DRAGONFLY ENERGY HOLDINGS CO (DFLI) is negative.