DIGITAL ALLY INC/NV (DGLY) Stock Technical Analysis
NASDAQ:DGLY - Nasdaq - US25382T2006 - Common Stock - Currency: USD
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.
When comparing the yearly performance of all stocks, DGLY is a bad performer in the overall market: 100% of all stocks are doing better.
DGLY is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 95% of 125 stocks in the same industry do better.
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.
DGLY has an average volume of 84123800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DGLY has a been trading in the 1.93 - 5.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DGLY 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
3.20
4.13
When analyzing the resistance we notice one important area.
- Resistance @4.09 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 | 0.03 | NEGATIVE | DGLY has a low relative strength, it was outperformed by 99.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DGLY is above 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) | 26.96 | OVERSOLD | The low RSI value suggests DGLY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.15 | POSITIVE | The MACD value suggests DGLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.14 | NEUTRAL | The Stochastics value for DGLY is a neutral value. |
| Average True Range in percent/ATR (20) | 22.33 | HIGH VOLATILITY | The high ATR as a percentage value for DGLY suggests high volalility. |
| Average Directional Index/ADX (14) | 22.92 | NEUTRAL | The ADX value for DGLY suggests a possible start of a new 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)
3.23
+0.22 (+7.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg7.31%
1 Week26.17%
2 Weeks-22.17%
1 Month-10.28%
3 Month-97.95%
6 Month-99.78%
12 Month-99.95%
2 Year-99.96%
3 Year-99.99%
5 Year-100%
10 Year-100%
15 Year-100%
Volatility
ATR(14)0.73
ATR(20)%22.33%
ATR Inc-17.06%
Range Today0.58
ADR(20)0.68
ADR(20)%21.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.03
Mansfield-9.98
10 Day High5.27
10 Day Low2.21
20 Day High5.27
20 Day Low1.93
52 Week High6000
52 Week Low1.93
CS1 EndN/A
CR1 Start4.09
Volume & EV
DER(3)4.63%
DER(5)-0.97%
Volume1.29M
Volume Incr-98.42%
Vol(5)1.18M
Vol(50)84.12M