Overall DGLY gets a technical rating of 0 out of 10. DGLY'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.
- 99% of all other stocks performed better in the past year than DGLY.
- DGLY is part of the Electronic Equipment, Instruments & Components industry. There are 126 other stocks in this industry, of which 88% are performing better than DGLY.
- DGLY 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 DGLY has a been trading in the 0.60 - 1.40 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of DGLY is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.86
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.88 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.11 from a trend line in the daily time frame.
- Resistance @1.27 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 DGLY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DGLY is down. |
| ChartMill Relative Strength | 1.14 | NEGATIVE | DGLY has a low relative strength, it was outperformed by 98.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DGLY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DGLY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DGLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.67 | NEUTRAL | The RSI value for DGLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DGLY has a positive trend. |
| Stochastics (14,3) | 40.54 | NEUTRAL | The Stochastics value for DGLY is a neutral value. |
| Average True Range in percent/ATR (20) | 11.14 | HIGH VOLATILITY | The high ATR as a percentage value for DGLY suggests high volalility. |
| Average Directional Index/ADX (14) | 37.22 | POSITIVE | The high ADX value value for DGLY suggests a strong trend. |
0.8718
+0.11 (+15.01%)
DIGITAL ALLY INC/NV / DGLY FAQ
What is the ChartMill technical rating of DIGITAL ALLY INC/NV (DGLY) stock?
ChartMill assigns a technical rating of 0 / 10 to DGLY.
What is the current trend direction of DIGITAL ALLY INC/NV (DGLY) stock?
The current trend direction for DIGITAL ALLY INC/NV (DGLY) is Bearish.
Can you provide the RSI signal for DIGITAL ALLY INC/NV?
DIGITAL ALLY INC/NV (DGLY) has an RSI value of 44.6736. This indicates that the stock is currently neutral.
What is the buy/sell signal for DGLY stock?
The buy/sell signal for DIGITAL ALLY INC/NV (DGLY) is sell as both the short term and long term trends are negative.
What is the support and resistance level for DGLY stock?
DIGITAL ALLY INC/NV (DGLY) has a resistance level at 0.88. Check the full technical report for our detailed analysis of DGLY support and resistance levels.