DEEP MEDICINE ACQUITION-RTS (DMAQR) Stock Technical Analysis
USA - NASDAQ:DMAQR - US2437331109
We assign a technical rating of 5 out of 10 to DMAQR. Although DMAQR 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.
DMAQR 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.
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0.13
When analyzing the support we can see 3 important areas.
- Support @0.21 from a trend line in the weekly time frame.
- Support @0.20 from a trend line in the weekly time frame.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.33 from a trend line in the daily time frame.
- Resistance @0.34 from a horizontal line in the daily time frame.
- Resistance @0.35 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 DMAQR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DMAQR is neutral. |
| ChartMill Relative Strength | 97.09 | POSITIVE | DMAQR has a high relative strength, it outperformed 97.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMAQR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DMAQR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DMAQR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.28 | NEUTRAL | The RSI value for DMAQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DMAQR has a negative trend. |
| Stochastics (14,3) | 55.38 | NEUTRAL | The Stochastics value for DMAQR is a neutral value. |
| Average True Range in percent/ATR (20) | 19.99 | HIGH VOLATILITY | The high ATR as a percentage value for DMAQR suggests high volalility. |
| Average Directional Index/ADX (14) | 53.72 | POSITIVE | The high ADX value value for DMAQR suggests a strong trend. |
0.25
-0.04 (-13.76%)
DEEP MEDICINE ACQUITION-RTS / DMAQR FAQ
Can you provide the ChartMill technical rating for DEEP MEDICINE ACQUITION-RTS?
ChartMill assigns a technical rating of 5 / 10 to DMAQR.
What is the trend direction for DMAQR stock?
The current trend direction for DEEP MEDICINE ACQUITION-RTS (DMAQR) is Bearish.
What is the RSI signal for DEEP MEDICINE ACQUITION-RTS (DMAQR) stock?
DEEP MEDICINE ACQUITION-RTS (DMAQR) has an RSI value of 44.2815. This indicates that the stock is currently neutral.
What are the support and resistance levels for DEEP MEDICINE ACQUITION-RTS (DMAQR) stock?
DEEP MEDICINE ACQUITION-RTS (DMAQR) has a support level at 0.21 and a resistance level at 0.33. Check the full technical report for our detailed analysis of DMAQR support and resistance levels.