DEEP MEDICINE ACQUISITI-CL A (DMAQ) Stock Technical Analysis
NASDAQ:DMAQ - Nasdaq - US2437331026 - Common Stock - Currency: USD
Taking everything into account, DMAQ scores 0 out of 10 in our technical rating. DMAQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than DMAQ.
DMAQ is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so DMAQ is lagging the market.
In the last month DMAQ has a been trading in the 2.96 - 11.82 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: DMAQ has an average volume of 17380 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of DMAQ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.93
2.99
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 | DOWN | NEGATIVE | The long term trend for DMAQ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DMAQ is down. |
| ChartMill Relative Strength | 1.36 | NEGATIVE | DMAQ has a low relative strength, it was outperformed by 98.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMAQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DMAQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DMAQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 16.23 | OVERSOLD | The low RSI value suggests DMAQ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests DMAQ has a negative trend. |
| Stochastics (14,3) | 17.11 | OVERSOLD | The low Stochastics value suggests DMAQ may be oversold. |
| Average True Range in percent/ATR (20) | 30.84 | HIGH VOLATILITY | The high ATR as a percentage value for DMAQ suggests high volalility. |
| Average Directional Index/ADX (14) | 57.41 | POSITIVE | The high ADX value value for DMAQ 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)
2.96
-5.43 (-64.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-64.72%
1 Week-66.82%
2 Weeks-74.59%
1 Month-74.37%
3 Month-74.59%
6 Month-74.37%
12 Month-70.61%
2 Year-70.07%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.28
ATR(20)%30.84%
ATR Inc231.96%
Range Today5.04
ADR(20)0.67
ADR(20)%22.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.36
Mansfield-7.58
10 Day High10
10 Day Low2.96
20 Day High11.82
20 Day Low2.96
52 Week High19.91
52 Week Low2.96
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-13.58%
DER(5)-7.32%
Volume104.90K
Volume Incr-38.5%
Vol(5)22.06K
Vol(50)17.38K