DIRECT DIGITAL HOLDINGS IN-A (DRCT)

US25461T1051 - Common Stock

5.38  +0.1 (+1.89%)

Technical Rating and Analysis

1

Taking everything into account, DRCT scores 1 out of 10 in our technical rating. DRCT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
DRCT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DRCT is lagging the market.
In the last month DRCT has a been trading in the 5.10 - 14.31 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.
DRCT is one of the better performing stocks in the Media industry, it outperforms 80% of 96 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that DRCT is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DRCT Weekly chart
DRCT Daily chart
Setup Rating and Analysis

3

The technical rating of DRCT 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.

Support and Resistance Analysis

2.71

5.43

We found 2 important support areas.

  • A support zone ranging from 5.23 to 5.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.74 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.01
Mansfield-3.71
10 Day High8.11
10 Day Low5.1
20 Day High14.31
20 Day Low5.1
52 Week High35.88
52 Week Low1.96
Performance
1 Week-15.38%
2 Weeks-26.15%
1 Month-60.6%
3 Month-49.86%
6 Month95.56%
12 Month79.59%
2 Year201.71%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)26.37
LBB4.45
UBB9.13
DRCT Daily chart

DIRECT DIGITAL HOLDINGS IN-A

NASDAQ:DRCT (5/2/2024, 12:55:43 PM)

5.38

+0.1 (+1.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.89%
1 Week-15.38%
2 Weeks-26.15%
1 Month-60.6%
3 Month-49.86%
6 Month95.56%
12 Month79.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.83
ATR(20)%18.34%
ATR Inc
Range Today0.26
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.11
10 Day Low5.1
20 Day High14.31
20 Day Low5.1
52 Week High35.88
52 Week Low1.96
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume39.18K
Volume Incr-57.4%
Vol(5)86.62K
Vol(50)197.04K