DIRECT DIGITAL HOLDINGS IN-A (DRCT) Stock Technical Analysis
NASDAQ:DRCT - US25461T1051 - Common Stock
0.4483 USD
+0.04 (+9.02%)
0.431 USD
-0.02 (-3.86%)
We assign a technical rating of 0 out of 10 to DRCT. DRCT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than DRCT.
DRCT is part of the Media industry. There are 100 other stocks in this industry, of which 78% are performing better than DRCT.
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 0.38 - 0.79 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Although the technical rating is bad, DRCT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for DRCT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.44
0.55
We can see 2 important resistance areas.
- Resistance @0.49 from a trend line in the daily time frame.
- Resistance @0.54 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 | DOWN | NEGATIVE | The short term trend for DRCT is down. |
| ChartMill Relative Strength | 3.48 | NEGATIVE | DRCT has a low relative strength, it was outperformed by 96.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRCT is below a declining 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) | 46.2 | NEUTRAL | The RSI value for DRCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DRCT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.69 | OVERSOLD | The low Stochastics value suggests DRCT may be oversold. |
| Average True Range in percent/ATR (20) | 13.74 | HIGH VOLATILITY | The high ATR as a percentage value for DRCT suggests high volalility. |
| Average Directional Index/ADX (14) | 10.83 | NEGATIVE | The low ADX value for DRCT suggests a weak or negative 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)
0.4483
+0.04 (+9.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg9.02%
1 Week9.34%
2 Weeks5.51%
1 Month-19.43%
3 Month-4.68%
6 Month-57.71%
12 Month-85.59%
2 Year-83.15%
3 Year-85.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%13.74%
ATR Inc-49.73%
Range Today0.05
ADR(20)0.06
ADR(20)%12.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.48
Mansfield-6.71
10 Day High0.47
10 Day Low0.38
20 Day High0.79
20 Day Low0.38
52 Week High6.59
52 Week Low0.38
CS1 EndN/A
CR1 Start0.49
Volume & EV
DER(3)23.42%
DER(5)13.09%
Volume406.20K
Volume Incr-72.36%
Vol(5)211.80K
Vol(50)406.88K