DRAGONFLY ENERGY HOLDINGS CO (DFLI) Stock Technical Analysis
NASDAQ:DFLI - Nasdaq - US26145B3042 - Common Stock - Currency: USD
Overall DFLI gets a technical rating of 1 out of 10. 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 part of the Electrical Equipment industry. There are 93 other stocks in this industry, of which 90% are performing better than DFLI.
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 0.15 - 0.67 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 27952700 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.
DFLI has a poor technical rating and the quality of the setup is also not perfect 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
0.24
0.37
We found 1 important support area.
- Support @0.24 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.29 from a trend line in the daily time frame.
- Resistance @0.37 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 | 0.89 | NEGATIVE | DFLI has a low relative strength, it was outperformed by 99.11% 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) | 48.18 | NEUTRAL | The RSI value for DFLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DFLI has a negative trend. |
| Stochastics (14,3) | 20.56 | NEUTRAL | The Stochastics value for DFLI is a neutral value. |
| Average True Range in percent/ATR (20) | 26.96 | HIGH VOLATILITY | The high ATR as a percentage value for DFLI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.46 | POSITIVE | The high ADX value value for DFLI 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)
0.2622
+0 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.15%
1 Week-29.15%
2 Weeks-1.61%
1 Month54.33%
3 Month-43%
6 Month-88.94%
12 Month-95.5%
2 Year-98.31%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%26.96%
ATR Inc-61.33%
Range Today0.02
ADR(20)0.05
ADR(20)%20.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.89
Mansfield-9.01
10 Day High0.67
10 Day Low0.22
20 Day High0.67
20 Day Low0.15
52 Week High6.21
52 Week Low0.15
CS1 End0.24
CR1 Start0.29
Volume & EV
DER(3)-9.79%
DER(5)-9.57%
Volume2.60M
Volume Incr-80.87%
Vol(5)8.74M
Vol(50)27.95M