Dmy Technology Group Inc Cl A (DMYT) Technical Analysis
NYSE:DMYT
Current stock price
DMYT Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to DMYT. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DMYT is a bad performer.
- When comparing the yearly performance of all stocks, DMYT is a bad performer in the overall market: 100% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- DMYT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DMYT is lagging the market slightly.
- In the last month DMYT has a been trading in the 15.11 - 25.40 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DMYT Weekly and Daily overview Charts
DMYT Setup Rating and Analysis
Although DMYT has an excellent technical rating, it does not present a decent entry opportunity 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
DMYT Support and Resistance Analysis
11.29
We found 1 important support area.
- A support zone ranging from 11.40 to 11.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
DMYT 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 | UP | POSITIVE | The long term trend for DMYT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DMYT is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | DMYT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DMYT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DMYT is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 73.45 | OVERBOUGHT | The high RSI value suggests DMYT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests DMYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.07 | OVERBOUGHT | The high Stochastics value suggests DMYT may be overbought. |
| Average True Range in percent/ATR (20) | 8.07 | HIGH VOLATILITY | The high ATR as a percentage value for DMYT suggests high volalility. |
DMYT Chart- and CandleStick Pattern Analysis
DMYT Technicals: Chart, Performance Metrics, Trend & Indicators
22.76
-1.52 (-6.26%)
Dmy Technology Group Inc Cl A / DMYT TA FAQ
What is the ChartMill technical rating of Dmy Technology Group Inc Cl A (DMYT) stock?
ChartMill assigns a technical rating of 7 / 10 to DMYT.
What is the trend direction for DMYT stock?
The current trend direction for Dmy Technology Group Inc Cl A (DMYT) is Bullish.
Can you provide the RSI signal for Dmy Technology Group Inc Cl A?
Dmy Technology Group Inc Cl A (DMYT) has an RSI value of 73.4513. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for Dmy Technology Group Inc Cl A?
The buy/sell signal for Dmy Technology Group Inc Cl A (DMYT) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Dmy Technology Group Inc Cl A?
Dmy Technology Group Inc Cl A (DMYT) has a support level at 11.53. Check the full technical report for our detailed analysis of DMYT support and resistance levels.