Dragoneer Growth Opportunities Corp Cl A (DGNR) Technical Analysis
NYSE:DGNR
Current stock price
DGNR Technical Rating and Analysis
Taking everything into account, DGNR scores 0 out of 10 in our technical rating. DGNR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, DGNR is a bad performer in the overall market: 100% of all stocks are doing better.
- DGNR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DGNR is lagging the market.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- In the last month DGNR has a been trading in the 8.76 - 10.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DGNR Weekly and Daily overview Charts
DGNR Setup Rating and Analysis
The technical rating of DGNR is bad and it also does not present a quality setup 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
DGNR Support and Resistance Analysis
9.17
We can see 2 important resistance areas.
- A resistance zone ranging from 9.81 to 10.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.27 to 10.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
DGNR Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for DGNR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DGNR is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | DGNR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DGNR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DGNR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DGNR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.92 | OVERSOLD | The low RSI value suggests DGNR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DGNR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.05 | NEUTRAL | The Stochastics value for DGNR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for DGNR suggests low volalility. |
DGNR Chart- and CandleStick Pattern Analysis
DGNR Technicals: Chart, Performance Metrics, Trend & Indicators
Dragoneer Growth Opportunities Corp Cl A
NYSE:DGNR (7/30/2021, 8:04:01 PM)
After market: 9.15 -0.11 (-1.19%)9.26
+0.1 (+1.09%)
Dragoneer Growth Opportunities Corp Cl A / DGNR TA FAQ
What is the ChartMill technical rating of Dragoneer Growth Opportunities Corp Cl A (DGNR) stock?
ChartMill assigns a technical rating of 0 / 10 to DGNR.
What is the trend direction for DGNR stock?
The current trend direction for Dragoneer Growth Opportunities Corp Cl A (DGNR) is Bearish.
What is the RSI signal for DGNR stock?
Dragoneer Growth Opportunities Corp Cl A (DGNR) has an RSI value of 28.9216. This indicates that the stock is currently oversold.
What is the support and resistance level for DGNR stock?
Dragoneer Growth Opportunities Corp Cl A (DGNR) has a resistance level at 9.81. Check the full technical report for our detailed analysis of DGNR support and resistance levels.