Dragoneer Growth Opportunities Corp Cl A (DGNR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DGNR -
We assign a technical rating of 0 out of 10 to DGNR. DGNR'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 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.
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9.17
When analyzing the resistance we notice 2 important 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.
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. |
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 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 current trend direction of Dragoneer Growth Opportunities Corp Cl A (DGNR) stock?
The current trend direction for Dragoneer Growth Opportunities Corp Cl A (DGNR) is Bearish.
Can you provide the RSI signal for Dragoneer Growth Opportunities Corp Cl A?
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 short term momentum for DGNR stock?
The short term momentum for Dragoneer Growth Opportunities Corp Cl A (DGNR) is negative.