DOLPHIN ENTERTAINMENT INC (DLPN) Stock Technical Analysis
NASDAQ:DLPN - Nasdaq - US25686H3084 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to DLPN. 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: 84% of all stocks are doing better.
DLPN is part of the Entertainment industry. There are 72 other stocks in this industry, of which 63% are performing better than DLPN.
Warning: DLPN has an average volume of 28872 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.
DLPN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DLPN is lagging the market.
In the last month DLPN has a been trading in the 1.07 - 1.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DLPN 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.
More info and screens
1.03
1.36
2 important support areas can be observed.
- Support @1.06 from a horizontal line in the weekly time frame.
- Support @1.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.28 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.35 to 1.35. This zone is formed by a combination of multiple trend lines 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 | 16.52 | NEGATIVE | DLPN has a low relative strength, it was outperformed by 83.48% 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) | 54.37 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 53.14 | NEUTRAL | The Stochastics value for DLPN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.62 | HIGH VOLATILITY | The high ATR as a percentage value for DLPN suggests high volalility. |
| Average Directional Index/ADX (14) | 33.35 | 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)
1.2201
+0 (+0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.01%
1 Week-4.68%
2 Weeks8.94%
1 Month0.01%
3 Month18.46%
6 Month12.97%
12 Month-32.22%
2 Year-71.76%
3 Year-86.74%
5 Year-85.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.62%
ATR Inc-21.15%
Range Today0.04
ADR(20)0.08
ADR(20)%6.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.52
Mansfield-0.64
10 Day High1.39
10 Day Low1.1
20 Day High1.39
20 Day Low1.07
52 Week High2
52 Week Low0.75
CS1 End1.06
CR1 Start1.28
Volume & EV
DER(3)-9.09%
DER(5)-10.35%
Volume11.20K
Volume Incr28.29%
Vol(5)37.50K
Vol(50)28.87K