Overall DRAD gets a technical rating of 8 out of 10. DRAD has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although DRAD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.33
We found 3 important support areas.
- A support zone ranging from 2.80 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.42 to 2.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.35 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.86 from a trend line in the weekly time frame.
- Resistance @6.93 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for DRAD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRAD is neutral. |
| ChartMill Relative Strength | 83.96 | POSITIVE | DRAD has a high relative strength, it outperformed 83.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRAD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRAD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DRAD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.58 | OVERBOUGHT | The high RSI value suggests DRAD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DRAD has a positive trend. |
| Stochastics (14,3) | 44.86 | NEUTRAL | The Stochastics value for DRAD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for DRAD suggests some volalility. |
3.59
+0.73 (+25.52%)
Digirad Corp / DRAD FAQ
Can you provide the ChartMill technical rating for Digirad Corp?
ChartMill assigns a technical rating of 7 / 10 to DRAD.
What is the trend direction for DRAD stock?
The current trend direction for Digirad Corp (DRAD) is Bearish.
What is the RSI signal for Digirad Corp (DRAD) stock?
Digirad Corp (DRAD) has an RSI value of 71.5813. This indicates that the stock is currently overbought.
What is the MACD signal for DRAD stock?
The MACD indicator for Digirad Corp (DRAD) has a value of 0.0305866, indicating a bearish trend.
Can you provide the short term momentum for Digirad Corp?
The short term momentum for Digirad Corp (DRAD) is neutral.