DOLPHIN ENTERTAINMENT INC (DLPN) Stock Technical Analysis
NASDAQ:DLPN - Nasdaq - US25686H3084 - Common Stock - Currency: USD
Taking everything into account, DLPN scores 6 out of 10 in our technical rating. DLPN 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.
When comparing the yearly performance of all stocks, DLPN is a bad performer in the overall market: 85% of all stocks are doing better.
DLPN is one of the lesser performing stocks in the Entertainment industry. 70% of 72 stocks in the same industry do better.
DLPN 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 DLPN is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month DLPN has a been trading in the 1.00 - 1.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, DLPN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.10, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.99
1.19
3 important support areas can be observed.
- A support zone ranging from 1.07 to 1.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.00 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 | NEUTRAL | NEUTRAL | The long term trend for DLPN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DLPN is up. |
| ChartMill Relative Strength | 15.78 | NEGATIVE | DLPN has a low relative strength, it was outperformed by 84.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DLPN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DLPN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DLPN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.08 | NEUTRAL | The RSI value for DLPN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DLPN has a positive trend. |
| Stochastics (14,3) | 58.13 | NEUTRAL | The Stochastics value for DLPN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for DLPN suggests high volalility. |
| Average Directional Index/ADX (14) | 27.15 | POSITIVE | The high ADX value value for DLPN 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.21 | 1.06 | 0.15 (12.40%) | 8.07% |
| An entry @1.21. This is a Buy Stop order right above the 10 day high. | An exit @1.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.15 points, which is 12.40%. | For a 1.00% total portfolio risk, you can invest 8.07% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.18
+0.02 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.72%
1 Week10.28%
2 Weeks8.26%
1 Month9.26%
3 Month7.27%
6 Month1.72%
12 Month-45.87%
2 Year-65.7%
3 Year-81.33%
5 Year-86.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.87%
ATR Inc20.08%
Range Today0.05
ADR(20)0.07
ADR(20)%5.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.78
Mansfield-1.17
10 Day High1.2
10 Day Low1.03
20 Day High1.25
20 Day Low1
52 Week High2.18
52 Week Low0.75
CS1 End1.1
CR1 StartN/A
Volume & EV
DER(3)-1.42%
DER(5)-0.43%
Volume18.10K
Volume Incr26.9%
Vol(5)34.34K
Vol(50)65.94K