DRCT Technical Analysis - DIRECT DIGITAL HOLDINGS IN-A

Technical Rating and Analysis

Taking everything into account, DRCT scores 1 out of 10 in our technical rating. DRCT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

98% of all other stocks performed better in the past year than DRCT.

DRCT is one of the lesser performing stocks in the Media industry. 82% of 99 stocks in the same industry do better.

DRCT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month DRCT has a been trading in the 0.39 - 0.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

DIRECT DIGITAL HOLDINGS IN-A / DRCT Weekly stock chart

DIRECT DIGITAL HOLDINGS IN-A / DRCT Daily stock chart

Setup Rating and Analysis

DRCT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.40

0.54

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @0.53 from a trend line in the daily time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for DRCT is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for DRCT is neutral.
ChartMill Relative Strength	2.4	NEGATIVE	DRCT has a low relative strength, it was outperformed by 97.6% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of DRCT is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of DRCT is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of DRCT is below a declining SMA(200).
Relative Strength Index/RSI (14)	38.49	NEUTRAL	The RSI value for DRCT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests DRCT has a positive trend, although the MACD value is declining.
Stochastics (14,3)	22.22	NEUTRAL	The Stochastics value for DRCT is a neutral value.
Average True Range in percent/ATR (20)	8.07	HIGH VOLATILITY	The high ATR as a percentage value for DRCT suggests high volalility.
Average Directional Index/ADX (14)	11.59	NEGATIVE	The low ADX value for DRCT suggests a weak or negative trend.