Taking everything into account, DMN scores 0 out of 10 in our technical rating. DMN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of DMN is bad and it also does not present a quality setup 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
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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 DMN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DMN is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | DMN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DMN is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 21.32 | OVERSOLD | The low RSI value suggests DMN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DMN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.8 | OVERSOLD | The low Stochastics value suggests DMN may be oversold. |
| Average True Range in percent/ATR (20) | 148.53 | HIGH VOLATILITY | The high ATR as a percentage value for DMN suggests high volalility. |
| Average Directional Index/ADX (14) | 34.64 | POSITIVE | The high ADX value value for DMN suggests a strong trend. |
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-0.01 (-77.33%)
DAMON INC / DMN FAQ
Can you provide the ChartMill technical rating for DAMON INC?
ChartMill assigns a technical rating of 0 / 10 to DMN.
Can you provide the trend direction for DAMON INC?
The current trend direction for DAMON INC (DMN) is Bearish.
What is the RSI signal for DAMON INC (DMN) stock?
DAMON INC (DMN) has an RSI value of 21.3189. This indicates that the stock is currently oversold.
Can you provide the short term momentum for DAMON INC?
The short term momentum for DAMON INC (DMN) is negative.
What is the buy/sell signal for DMN stock?
The buy/sell signal for DAMON INC (DMN) is sell as both the short term and long term trends are negative.