Taking everything into account, DMRC scores 0 out of 10 in our technical rating. DMRC'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 DMRC 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
6.85
We can see 2 important resistance areas.
- Resistance @9.36 from a trend line in the daily time frame.
- Resistance @9.65 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 | 4.91 | NEGATIVE | DMRC has a low relative strength, it was outperformed by 95.09% 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) | 31.95 | NEUTRAL | The RSI value for DMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests DMRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.6 | OVERSOLD | The low Stochastics value suggests DMRC may be oversold. |
| Average True Range in percent/ATR (20) | 9.83 | HIGH VOLATILITY | The high ATR as a percentage value for DMRC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.15 | NEUTRAL | The ADX value for DMRC suggests a possible start of a new trend. |
6.92
+0.32 (+4.85%)
DIGIMARC CORP / DMRC FAQ
Can you provide the ChartMill technical rating for DIGIMARC CORP?
ChartMill assigns a technical rating of 0 / 10 to DMRC.
What is the trend direction for DMRC stock?
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 31.9527. 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 resistance level at 9.36. Check the full technical report for our detailed analysis of DMRC support and resistance levels.