DIAMEDICA THERAPEUTICS INC (DMAC)
CA25253X2077 - Common Stock
Taking everything into account, DMAC scores 2 out of 10 in our technical rating. Although DMAC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
DMAC is part of the Biotechnology industry. There are 588 other stocks in this industry. DMAC outperforms 78% of them.
Looking at the yearly performance, DMAC did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
DMAC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DMAC is lagging the market slightly.
In the last month DMAC has a been trading in the 2.26 - 3.20 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.
Although the technical rating is bad, DMAC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.40, a Stop Loss order could be placed below this zone.
More info and screens
2.32
3.16
When analyzing the support we notice one important area.
- A support zone ranging from 2.34 to 2.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.58 to 2.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.77 to 2.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.13 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.05
Mansfield-1.89
10 Day High2.64
10 Day Low2.26
20 Day High3.2
20 Day Low2.26
52 Week High4.75
52 Week Low1.58
Performance
1 Week4.55%
2 Weeks6.75%
1 Month-7.33%
3 Month-15.67%
6 Month-0.39%
12 Month52.41%
2 Year9.05%
3 Year-73.09%
5 Year-23.56%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)45.8
LBB2.34
UBB2.64
DIAMEDICA THERAPEUTICS INC
NASDAQ:DMAC (4/30/2024, 7:00:02 PM)
2.53
-0.06 (-2.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.32%
1 Week4.55%
2 Weeks6.75%
1 Month-7.33%
3 Month-15.67%
6 Month-0.39%
12 Month52.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%6.64%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.64
10 Day Low2.26
20 Day High3.2
20 Day Low2.26
52 Week High4.75
52 Week Low1.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.60K
Volume Incr-78.9%
Vol(5)7.88K
Vol(50)37.19K