Taking everything into account, DFLI scores 1 out of 10 in our technical rating. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DFLI is a bad performer in the overall market: 100% of all stocks are doing better.
- DFLI is one of the lesser performing stocks in the Electrical Equipment industry. 92% 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month DFLI has a been trading in the 3.11 - 4.58 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- DFLI has an average volume of 5761070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
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
3.03
When analyzing the support we notice one important area.
- Support @3.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.21 to 3.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 0.95 | NEGATIVE | DFLI has a low relative strength, it was outperformed by 99.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DFLI is below 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) | 33.76 | NEUTRAL | The RSI value for DFLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DFLI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 7.6 | OVERSOLD | The low Stochastics value suggests DFLI may be oversold. |
| Average True Range in percent/ATR (20) | 13.05 | HIGH VOLATILITY | The high ATR as a percentage value for DFLI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.52 | NEGATIVE | The low ADX value for DFLI suggests a weak or negative trend. |
3.2
-0.21 (-6.16%)
DRAGONFLY ENERGY HOLDINGS CO / DFLI 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 33.7608. 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 0.0595935, indicating a bearish trend.
What is the short term momentum for DFLI stock?
The short term momentum for DRAGONFLY ENERGY HOLDINGS CO (DFLI) is negative.