DIGI POWER X INC (DGHI) Stock Technical Analysis
NASDAQ:DGHI - Nasdaq - CA25381D2068 - Common Stock - Currency: USD
Taking everything into account, DGHI scores 0 out of 10 in our technical rating. DGHI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DGHI is a bad performer in the overall market: 75% of all stocks are doing better.
DGHI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DGHI is lagging the market.
In the last month DGHI has a been trading in the 1.10 - 2.74 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
DGHI is part of the Software industry. There are 504 other stocks in this industry, DGHI did better than 64% of them.
DGHI 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
1.05
1.33
When analyzing the support we can see 3 important areas.
- Support @1.22 from a horizontal line in the weekly time frame.
- Support @1.17 from a trend line in the daily time frame.
- Support @1.06 from a trend line in the weekly 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 DGHI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DGHI is down. |
| ChartMill Relative Strength | 25.47 | NEGATIVE | DGHI has a low relative strength, it was outperformed by 74.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DGHI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DGHI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DGHI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38 | NEUTRAL | The RSI value for DGHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DGHI has a positive trend. |
| Stochastics (14,3) | 25.32 | NEUTRAL | The Stochastics value for DGHI is a neutral value. |
| Average True Range in percent/ATR (20) | 16.59 | HIGH VOLATILITY | The high ATR as a percentage value for DGHI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.29 | POSITIVE | The high ADX value value for DGHI 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)
1.32
+0.09 (+7.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg7.32%
1 Week13.79%
2 Weeks1.54%
1 Month-49.81%
3 Month-25.42%
6 Month14.78%
12 Month-3.65%
2 Year-20.48%
3 Year-60.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%16.59%
ATR Inc-39.18%
Range Today0.19
ADR(20)0.21
ADR(20)%16.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.47
Mansfield-1.51
10 Day High1.49
10 Day Low1.1
20 Day High2.74
20 Day Low1.1
52 Week High3.77
52 Week Low0.84
CS1 End1.22
CR1 StartN/A
Volume & EV
DER(3)-9.79%
DER(5)-9.34%
Volume172.70K
Volume Incr-81.28%
Vol(5)114.88K
Vol(50)623.26K