Taking everything into account, DHCA scores 0 out of 10 in our technical rating. DHCA'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 DHCA 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
7.62
We found 1 important resistance area.
- A resistance zone ranging from 10.07 to 10.25. This zone is formed by a combination of multiple trend lines and important moving averages 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 DHCA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DHCA is down. |
| ChartMill Relative Strength | 12.24 | NEGATIVE | DHCA has a low relative strength, it was outperformed by 87.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHCA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DHCA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DHCA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.83 | OVERSOLD | The low RSI value suggests DHCA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests DHCA has a negative trend. |
| Stochastics (14,3) | 15.84 | OVERSOLD | The low Stochastics value suggests DHCA may be oversold. |
| Average True Range in percent/ATR (20) | 19.44 | HIGH VOLATILITY | The high ATR as a percentage value for DHCA suggests high volalility. |
| Average Directional Index/ADX (14) | 39.26 | POSITIVE | The high ADX value value for DHCA suggests a strong trend. |
7.7
-0.56 (-6.78%)
DHC ACQUISITION CORP-A / DHCA FAQ
Can you provide the ChartMill technical rating for DHC ACQUISITION CORP-A?
ChartMill assigns a technical rating of 0 / 10 to DHCA.
Can you provide the trend direction for DHC ACQUISITION CORP-A?
The current trend direction for DHC ACQUISITION CORP-A (DHCA) is Bearish.
What is the RSI signal for DHCA stock?
DHC ACQUISITION CORP-A (DHCA) has an RSI value of 28.831. This indicates that the stock is currently oversold.
What are the support and resistance levels for DHC ACQUISITION CORP-A (DHCA) stock?
DHC ACQUISITION CORP-A (DHCA) has a resistance level at 10.07. Check the full technical report for our detailed analysis of DHCA support and resistance levels.