DIRECT DIGITAL HOLDINGS IN-A (DRCT) Technical Analysis
NASDAQ:DRCT • US25461T2042
Current stock price
DRCT Technical Rating and Analysis
Taking everything into account, DRCT scores 2 out of 10 in our technical rating. Although DRCT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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 0.70 - 1.07 range, which is quite wide. It is currently trading near the lows of this range.
- DRCT is one of the better performing stocks in the Media industry, it outperforms 100% of 91 stocks in the same industry.
- DRCT has an average volume of 2942050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that DRCT is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- Considerably lower volume is observed in the last couple of days.
DRCT Weekly and Daily overview Charts
DRCT Setup Rating and Analysis
DRCT has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
DRCT Support and Resistance Analysis
0.73
We found 1 important support area.
- A support zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.81 from a horizontal line in the daily time frame.
DRCT 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 | NEUTRAL | NEUTRAL | The long term trend for DRCT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRCT is down. |
| ChartMill Relative Strength | 99.7 | POSITIVE | DRCT has a high relative strength, it outperformed 99.7% 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) | UP | POSITIVE | The current price of DRCT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.31 | 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) | 23.41 | NEUTRAL | The Stochastics value for DRCT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.45 | HIGH VOLATILITY | The high ATR as a percentage value for DRCT suggests high volalility. |
| Average Directional Index/ADX (14) | 13.31 | NEGATIVE | The low ADX value for DRCT suggests a weak or negative trend. |
DRCT Chart- and CandleStick Pattern Analysis
DRCT Technicals: Chart, Performance Metrics, Trend & Indicators
0.7602
-0.01 (-1.38%)
DIRECT DIGITAL HOLDINGS IN-A / DRCT TA FAQ
What is the technical rating for DRCT stock?
ChartMill assigns a technical rating of 2 / 10 to DRCT.
What is the current trend direction of DIRECT DIGITAL HOLDINGS IN-A (DRCT) stock?
The current trend direction for DIRECT DIGITAL HOLDINGS IN-A (DRCT) is Bearish.
What is the RSI signal for DIRECT DIGITAL HOLDINGS IN-A (DRCT) stock?
DIRECT DIGITAL HOLDINGS IN-A (DRCT) has an RSI value of 35.3102. This indicates that the stock is currently neutral.
What is the MACD signal for DIRECT DIGITAL HOLDINGS IN-A (DRCT) stock?
The MACD indicator for DIRECT DIGITAL HOLDINGS IN-A (DRCT) has a value of 0.0107193, indicating a bearish trend.