DRAGONFLY ENERGY HOLDINGS CO (DFLI) Technical Analysis
NASDAQ:DFLI • US26145B4032
Current stock price
DFLI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DFLI. 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 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: 97% of all stocks are doing better.
- DFLI is one of the lesser performing stocks in the Electrical Equipment industry. 89% of 92 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 1.56 - 3.44 range, which is quite wide. It is currently trading near the lows of this range.
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
1.52
When analyzing the support we can see 2 important areas.
- Support @1.72 from a horizontal line in the weekly time frame.
- Support @1.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.05 from a horizontal line in the daily time frame.
- Resistance @2.38 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for DFLI is down. |
| ChartMill Relative Strength | 3.28 | NEGATIVE | DFLI has a low relative strength, it was outperformed by 96.72% 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) | 42.24 | NEUTRAL | The RSI value for DFLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DFLI has a positive trend. |
| Stochastics (14,3) | 57.66 | NEUTRAL | The Stochastics value for DFLI is a neutral value. |
| Average True Range in percent/ATR (20) | 13.29 | HIGH VOLATILITY | The high ATR as a percentage value for DFLI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.27 | NEGATIVE | The low ADX value for DFLI suggests a weak or negative trend. |
DFLI Chart- and CandleStick Pattern Analysis
DFLI Technicals: Chart, Performance Metrics, Trend & Indicators
1.93
-0.09 (-4.46%)
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 0 / 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.
Can you provide the RSI signal for DRAGONFLY ENERGY HOLDINGS CO?
DRAGONFLY ENERGY HOLDINGS CO (DFLI) has an RSI value of 42.2433. 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 0.033547, indicating a bearish trend.
What is the buy/sell signal for DRAGONFLY ENERGY HOLDINGS CO (DFLI) stock?
The buy/sell signal for DRAGONFLY ENERGY HOLDINGS CO (DFLI) is sell as both the short term and long term trends are negative.