Taking everything into account, DFLIW scores 3 out of 10 in our technical rating. Although DFLIW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- DFLIW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month DFLIW has a been trading in the 0.05 - 0.16 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that DFLIW is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DFLIW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.08, a Stop Loss order could be placed below this zone.
More info and screens
0.08
When analyzing the support we notice one important area.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 DFLIW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DFLIW is down. |
| ChartMill Relative Strength | 94.69 | POSITIVE | DFLIW has a high relative strength, it outperformed 94.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DFLIW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DFLIW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DFLIW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.78 | NEUTRAL | The RSI value for DFLIW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DFLIW has a positive trend. |
| Stochastics (14,3) | 44.28 | NEUTRAL | The Stochastics value for DFLIW is a neutral value. |
| Average True Range in percent/ATR (20) | 27.17 | HIGH VOLATILITY | The high ATR as a percentage value for DFLIW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.29 | NEGATIVE | The low ADX value for DFLIW suggests a weak or negative trend. |
0.09
+0.01 (+12.36%)
CHARDAN NEXTECH ACQUISI-CW27 / DFLIW FAQ
What is the technical rating for DFLIW stock?
ChartMill assigns a technical rating of 3 / 10 to DFLIW.
Can you provide the trend direction for CHARDAN NEXTECH ACQUISI-CW27?
The current trend direction for CHARDAN NEXTECH ACQUISI-CW27 (DFLIW) is Bearish.
What is the RSI signal for CHARDAN NEXTECH ACQUISI-CW27 (DFLIW) stock?
CHARDAN NEXTECH ACQUISI-CW27 (DFLIW) has an RSI value of 49.7835. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CHARDAN NEXTECH ACQUISI-CW27?
The short term momentum for CHARDAN NEXTECH ACQUISI-CW27 (DFLIW) is negative.
Can you provide the buy/sell signal for CHARDAN NEXTECH ACQUISI-CW27?
The buy/sell signal for CHARDAN NEXTECH ACQUISI-CW27 (DFLIW) is sell as both the short term and long term trends are negative.