DIRECT DIGITAL HOLDINGS IN-A (DRCT) Stock Technical Analysis
NASDAQ:DRCT - Nasdaq - US25461T1051 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to DRCT. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DRCT is a bad performer in the overall market: 97% of all stocks are doing better.
DRCT is one of the lesser performing stocks in the Media industry. 85% of 97 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 0.50 - 0.58 range, which is quite wide. It is currently trading near the high of this range.
DRCT has an average volume of 1242370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DRCT does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
0.50
0.95
We found 1 important support area.
- Support @0.51 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.59 from a trend line in the weekly time frame.
- Resistance @0.94 from a trend line in the daily 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 | 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 | 3.19 | NEGATIVE | DRCT has a low relative strength, it was outperformed by 96.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRCT is above 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) | 52.33 | NEUTRAL | The RSI value for DRCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DRCT has a positive trend. |
| Stochastics (14,3) | 68.94 | NEUTRAL | The Stochastics value for DRCT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for DRCT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.39 | NEUTRAL | The ADX value for DRCT suggests a possible start of a new trend. |
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)
0.5602
0 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.85%
1 Week5.3%
2 Weeks5.7%
1 Month9.09%
3 Month-9.51%
6 Month-65.42%
12 Month-86.27%
2 Year-79.85%
3 Year-67.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.76%
ATR Inc4.06%
Range Today0.03
ADR(20)0.03
ADR(20)%5.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.19
Mansfield-6.86
10 Day High0.57
10 Day Low0.51
20 Day High0.58
20 Day Low0.5
52 Week High6.59
52 Week Low0.44
CS1 End0.51
CR1 Start0.56
Volume & EV
DER(3)-6.84%
DER(5)-15.4%
Volume84.36K
Volume Incr-23.97%
Vol(5)153.23K
Vol(50)1.24M