NASDAQ:DPRO • CA26142Q3044
We assign a technical rating of 5 out of 10 to DPRO. Although DPRO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DPRO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
6.47
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for DPRO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DPRO is down. |
| ChartMill Relative Strength | 95.76 | POSITIVE | DPRO has a high relative strength, it outperformed 95.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DPRO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DPRO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DPRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.4 | NEUTRAL | The RSI value for DPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DPRO has a negative trend. |
| Stochastics (14,3) | 12.86 | OVERSOLD | The low Stochastics value suggests DPRO may be oversold. |
| Average True Range in percent/ATR (20) | 10.64 | HIGH VOLATILITY | The high ATR as a percentage value for DPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 11.31 | NEGATIVE | The low ADX value for DPRO suggests a weak or negative trend. |
6.61
-0.05 (-0.75%)
ChartMill assigns a technical rating of 5 / 10 to DPRO.
The current trend direction for DRAGANFLY INC (DPRO) is Bearish.
DRAGANFLY INC (DPRO) has an RSI value of 42.4013. This indicates that the stock is currently neutral.
The MACD indicator for DRAGANFLY INC (DPRO) has a value of -0.060116, indicating a bearish trend.
The short term momentum for DRAGANFLY INC (DPRO) is negative.