We assign a technical rating of 0 out of 10 to DMRC. DMRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
DMRC has a poor technical rating and the quality of the setup is also only medium 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
6.53
When analyzing the support we notice one important area.
- Support @6.60 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @7.05 from a horizontal line in the daily time frame.
- Resistance @8.81 from a trend 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 | DOWN | NEGATIVE | The long term trend for DMRC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DMRC is down. |
| ChartMill Relative Strength | 4.89 | NEGATIVE | DMRC has a low relative strength, it was outperformed by 95.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DMRC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DMRC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.55 | NEUTRAL | The RSI value for DMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DMRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.22 | NEUTRAL | The Stochastics value for DMRC is a neutral value. |
| Average True Range in percent/ATR (20) | 8 | HIGH VOLATILITY | The high ATR as a percentage value for DMRC suggests high volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for DMRC suggests a possible start of a new trend. |
6.61
+0.01 (+0.15%)
DIGIMARC CORP / DMRC FAQ
Can you provide the ChartMill technical rating for DIGIMARC CORP?
ChartMill assigns a technical rating of 0 / 10 to DMRC.
Can you provide the trend direction for DIGIMARC CORP?
The current trend direction for DIGIMARC CORP (DMRC) is Bearish.
What is the RSI signal for DIGIMARC CORP (DMRC) stock?
DIGIMARC CORP (DMRC) has an RSI value of 38.5492. This indicates that the stock is currently neutral.
What is the buy/sell signal for DIGIMARC CORP (DMRC) stock?
The buy/sell signal for DIGIMARC CORP (DMRC) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for DIGIMARC CORP?
DIGIMARC CORP (DMRC) has a support level at 6.6 and a resistance level at 7.05. Check the full technical report for our detailed analysis of DMRC support and resistance levels.