DIH HOLDINGS US INC (DHAI) Stock Technical Analysis
NASDAQ:DHAI - Nasdaq - US23290B1061 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to DHAI. In the past year, DHAI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DHAI is a bad performer in the overall market: 99% of all stocks are doing better.
DHAI is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 89% are performing better than DHAI.
DHAI 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 DHAI has a been trading in the 0.20 - 0.29 range, which is quite wide. It is currently trading near the lows of this range.
DHAI has an average volume of 1414950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, DHAI does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for DHAI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.22
0.26
When analyzing the support we notice one important area.
- Support @0.22 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.25 from a trend line in the daily time frame.
- Resistance @0.26 from a horizontal 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 DHAI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DHAI is neutral. |
| ChartMill Relative Strength | 1.28 | NEGATIVE | DHAI has a low relative strength, it was outperformed by 98.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DHAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DHAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DHAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.98 | NEUTRAL | The RSI value for DHAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DHAI has a negative trend. |
| Stochastics (14,3) | 22.59 | NEUTRAL | The Stochastics value for DHAI is a neutral value. |
| Average True Range in percent/ATR (20) | 15.95 | HIGH VOLATILITY | The high ATR as a percentage value for DHAI suggests high volalility. |
| Average Directional Index/ADX (14) | 29.93 | POSITIVE | The high ADX value value for DHAI 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)
0.22
0 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.45%
1 Week-0.99%
2 Weeks-3.42%
1 Month0.32%
3 Month-44.02%
6 Month-81.03%
12 Month-93.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%15.95%
ATR Inc10.65%
Range Today0.04
ADR(20)0.03
ADR(20)%15.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.28
Mansfield-8.38
10 Day High0.29
10 Day Low0.2
20 Day High0.29
20 Day Low0.2
52 Week High3.67
52 Week Low0.12
CS1 End0.22
CR1 Start0.23
Volume & EV
DER(3)7.82%
DER(5)8.57%
Volume548.50K
Volume Incr258.65%
Vol(5)2.32M
Vol(50)1.41M