Taking everything into account, DLO scores 7 out of 10 in our technical rating. Although DLO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although DLO has an excellent technical rating, it does not offer a high 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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7.89
5 important support areas can be observed.
- A support zone ranging from 13.13 to 13.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.52 to 12.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.16 to 12.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.90 from a trend line in the daily time frame.
- Support @7.97 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @15.17 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.66 to 15.84. 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 | UP | POSITIVE | The long term trend for DLO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DLO is up. |
| ChartMill Relative Strength | 76.04 | POSITIVE | DLO has a high relative strength, it outperformed 76.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DLO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DLO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DLO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.67 | NEUTRAL | The RSI value for DLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests DLO has a positive trend. |
| Stochastics (14,3) | 88.61 | OVERBOUGHT | The high Stochastics value suggests DLO may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for DLO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.63 | NEGATIVE | The low ADX value for DLO suggests a weak or negative trend. |
14.13
-0.2 (-1.4%)
DLOCAL LTD / DLO FAQ
What is the technical rating for DLO stock?
ChartMill assigns a technical rating of 7 / 10 to DLO.
Can you provide the trend direction for DLOCAL LTD?
The current trend direction for DLOCAL LTD (DLO) is Bullish.
What is the RSI signal for DLO stock?
DLOCAL LTD (DLO) has an RSI value of 56.6681. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DLOCAL LTD?
The MACD indicator for DLOCAL LTD (DLO) has a value of 0.183587, indicating a bearish trend.
Can you provide the support and resistance levels for DLOCAL LTD?
DLOCAL LTD (DLO) has a support level at 13.24 and a resistance level at 15.17. Check the full technical report for our detailed analysis of DLO support and resistance levels.