DAJIN LITHIUM CORP (DJI.CA) Technical Analysis
TSX-V:DJI
Current stock price
DJI.CA Technical Rating and Analysis
Overall DJI gets a technical rating of 4 out of 10. DJI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 75% of all other stocks performed better in the past year than DJI.
- DJI is one of the lesser performing stocks in the Metals & Mining industry. 74% of 804 stocks in the same industry do better.
- DJI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DJI is lagging the market.
- Warning: DJI has an average volume of 22185 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month DJI has a been trading in the 0.70 - 0.87 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.
DJI.CA Weekly and Daily overview Charts
DJI.CA Setup Rating and Analysis
DJI has an average technical rating and the quality of the presented setup is also not ideal 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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DJI.CA Support and Resistance Analysis
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We found 5 important support areas.
- A support zone ranging from 0.73 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.65 from a trend line in the weekly time frame.
- Support @0.53 from a trend line in the weekly time frame.
- Support @0.50 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.81 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.87 from a horizontal line in the daily time frame.
- Resistance @0.91 from a trend line in the weekly time frame.
DJI.CA 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 DJI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DJI.CA is up. |
| ChartMill Relative Strength | 25.79 | NEGATIVE | DJI.CA has a low relative strength, it was outperformed by 74.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DJI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DJI.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DJI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.62 | NEUTRAL | The RSI value for DJI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DJI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.8 | NEUTRAL | The Stochastics value for DJI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for DJI.CA suggests some volalility. |
DJI.CA Chart- and CandleStick Pattern Analysis
DJI.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:DJI (2/18/2022, 7:00:00 PM)
0.81
0 (0%)
DAJIN LITHIUM CORP / DJI.CA TA FAQ
What is the technical rating for DJI stock?
ChartMill assigns a technical rating of 4 / 10 to DJI.CA.
What is the current trend direction of DAJIN LITHIUM CORP (DJI.CA) stock?
The current trend direction for DAJIN LITHIUM CORP (DJI.CA) is Bearish.
What is the RSI signal for DJI stock?
DAJIN LITHIUM CORP (DJI.CA) has an RSI value of 50.6233. This indicates that the stock is currently neutral.
What is the MACD signal for DJI stock?
The MACD indicator for DAJIN LITHIUM CORP (DJI.CA) has a value of 0.00298763, indicating a bearish trend.