DIRECT DIGITAL HOLDINGS IN-A (DRCT) Stock Technical Analysis
NASDAQ:DRCT - Nasdaq - US25461T1051 - Common Stock - Currency: USD
Taking everything into account, DRCT scores 1 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than DRCT.
DRCT is part of the Media industry. There are 97 other stocks in this industry, of which 89% are performing better than DRCT.
DRCT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index 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 0.50 - 0.68 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.
Considerably lower volume is observed in the last couple of days.
DRCT has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.50
0.82
3 important resistance areas can be observed.
- A resistance zone ranging from 0.53 to 0.53. 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 0.56 to 0.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.81 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 | 1.58 | NEGATIVE | DRCT has a low relative strength, it was outperformed by 98.42% 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) | UP | MIXED | The current price of DRCT is below the rising 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) | 38.66 | 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. |
| Stochastics (14,3) | 18.06 | OVERSOLD | The low Stochastics value suggests DRCT may be oversold. |
| Average True Range in percent/ATR (20) | 9.06 | HIGH VOLATILITY | The high ATR as a percentage value for DRCT suggests high volalility. |
| Average Directional Index/ADX (14) | 12.88 | 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)
0.5031
-0.03 (-5.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-5.43%
1 Week-9.58%
2 Weeks-5.63%
1 Month-19.27%
3 Month-41.25%
6 Month-58.07%
12 Month-85.37%
2 Year-81.09%
3 Year-83.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%9.06%
ATR Inc-37.57%
Range Today0.04
ADR(20)0.05
ADR(20)%9.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.58
Mansfield-6.64
10 Day High0.57
10 Day Low0.5
20 Day High0.68
20 Day Low0.5
52 Week High6.59
52 Week Low0.44
CS1 EndN/A
CR1 Start0.53
Volume & EV
DER(3)-13.48%
DER(5)-7.96%
Volume109.40K
Volume Incr-27.76%
Vol(5)115.72K
Vol(50)189.51K