DEEP MEDICINE ACQUISITI-CL A (DMAQ) Technical Analysis
NASDAQ:DMAQ • US2437331026
Current stock price
DMAQ Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DMAQ. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DMAQ is a bad performer in the overall market: 99% of all stocks are doing better.
- 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.
DMAQ Weekly and Daily overview Charts
DMAQ Setup Rating and Analysis
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
DMAQ Support and Resistance Analysis
DMAQ Technical Indicator Signal Analysis
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. |
DMAQ Chart- and CandleStick Pattern Analysis
DMAQ Technicals: Chart, Performance Metrics, Trend & Indicators
2.96
-5.43 (-64.72%)
DEEP MEDICINE ACQUISITI-CL A / DMAQ TA FAQ
What is the ChartMill technical rating of DEEP MEDICINE ACQUISITI-CL A (DMAQ) stock?
ChartMill assigns a technical rating of 0 / 10 to DMAQ.
What is the trend direction for DMAQ stock?
The current trend direction for DEEP MEDICINE ACQUISITI-CL A (DMAQ) is Bearish.
What is the RSI signal for DEEP MEDICINE ACQUISITI-CL A (DMAQ) stock?
DEEP MEDICINE ACQUISITI-CL A (DMAQ) has an RSI value of 16.2298. This indicates that the stock is currently oversold.
What is the short term momentum for DMAQ stock?
The short term momentum for DEEP MEDICINE ACQUISITI-CL A (DMAQ) is negative.
What is the buy/sell signal for DEEP MEDICINE ACQUISITI-CL A (DMAQ) stock?
The buy/sell signal for DEEP MEDICINE ACQUISITI-CL A (DMAQ) is sell as both the short term and long term trends are negative.