Logo image of DPHC

Diamondpeak Holdings Corp Cl A (DPHC) Stock Technical Analysis

NASDAQ:DPHC - Nasdaq -

18.21  -2.24 (-10.95%)

After market: 18.82 +0.61 (+3.35%)

Technical Rating and Analysis

4

Taking everything into account, DPHC scores 4 out of 10 in our technical rating. DPHC was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.

When comparing the yearly performance of all stocks, DPHC is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month DPHC has a been trading in the 18.05 - 28.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
DPHC has an average volume of 3950190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
DPHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DPHC is lagging the market.
Weekly and Daily overview Charts
Diamondpeak Holdings Corp Cl A / DPHC Weekly stock chart
Diamondpeak Holdings Corp Cl A / DPHC Daily stock chart
Setup Rating and Analysis

3

DPHC has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

9.98

23.28

When analyzing the support we can see 3 important areas.

  • Support @11.02 from a trend line in the daily time frame.
  • Support @10.63 from a trend line in the daily time frame.
  • Support @10.08 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 22.70 to 23.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for DPHC is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for DPHC is down.
ChartMill Relative Strength0NEGATIVEDPHC has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of DPHC is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of DPHC is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of DPHC is above the rising SMA(200).
Relative Strength Index/RSI (14)39.7NEUTRALThe RSI value for DPHC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.75NEGATIVEThe MACD value suggests DPHC has a negative trend.
Stochastics (14,3)18.36OVERSOLDThe low Stochastics value suggests DPHC may be oversold.
Average True Range in percent/ATR (20)13.68HIGH VOLATILITYThe high ATR as a percentage value for DPHC suggests high volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Diamondpeak Holdings Corp Cl A / DPHC Daily stock chart

Diamondpeak Holdings Corp Cl A

NASDAQ:DPHC (10/23/2020, 8:00:02 PM)

After market: 18.82 +0.61 (+3.35%)

18.21

-2.24 (-10.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-10.95%
1 Week-20.93%
2 Weeks-21.51%
1 Month-23.78%
3 Month74.43%
6 Month83.94%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.4
ATR(20)%13.68%
ATR Inc-17.36%
Range Today2.3
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High26.95
10 Day Low18.05
20 Day High28.12
20 Day Low18.05
52 Week High31.8
52 Week Low9.5
CS1 End11.02
CR1 Start22.7
Volume & EV
DER(3)-2.86%
DER(5)-4.2%
Volume3.63M
Volume Incr-3.99%
Vol(5)3.68M
Vol(50)3.95M