DARIOHEALTH CORP (DRIO) Technical Analysis
NASDAQ:DRIO • US23725P3082
Current stock price
DRIO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DRIO. DRIO'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% of all other stocks performed better in the past year than DRIO.
- DRIO 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 DRIO is lagging the market.
- In the last month DRIO has a been trading in the 8.03 - 12.13 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: DRIO has an average volume of 13874 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- DRIO is an average performer in the Health Care Technology industry, it outperforms 67% of 35 stocks in the same industry.
DRIO Weekly and Daily overview Charts
DRIO Setup Rating and Analysis
The technical rating of DRIO is bad and it also does not present a quality setup 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
DRIO Support and Resistance Analysis
7.75
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.92 to 8.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.13 to 11.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.74 to 11.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.00 from a horizontal line in the weekly time frame.
DRIO 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 DRIO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRIO is down. |
| ChartMill Relative Strength | 11.87 | NEGATIVE | DRIO has a low relative strength, it was outperformed by 88.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DRIO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DRIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.39 | NEUTRAL | The RSI value for DRIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests DRIO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.88 | OVERSOLD | The low Stochastics value suggests DRIO may be oversold. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for DRIO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.91 | NEGATIVE | The low ADX value for DRIO suggests a weak or negative trend. |
DRIO Chart- and CandleStick Pattern Analysis
DRIO Technicals: Chart, Performance Metrics, Trend & Indicators
7.83
-1.1 (-12.32%)
DARIOHEALTH CORP / DRIO TA FAQ
What is the technical rating for DRIO stock?
ChartMill assigns a technical rating of 0 / 10 to DRIO.
Can you provide the trend direction for DARIOHEALTH CORP?
The current trend direction for DARIOHEALTH CORP (DRIO) is Bearish.
Can you provide the RSI signal for DARIOHEALTH CORP?
DARIOHEALTH CORP (DRIO) has an RSI value of 39.3909. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DARIOHEALTH CORP?
The short term momentum for DARIOHEALTH CORP (DRIO) is negative.
Can you provide the buy/sell signal for DARIOHEALTH CORP?
The buy/sell signal for DARIOHEALTH CORP (DRIO) is sell as both the short term and long term trends are negative.