We assign a technical rating of 2 out of 10 to DRIO. Although DRIO 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.
DRIO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.79, a Stop Loss order could be placed below this zone.
More info and screens
11.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.72 to 11.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.42 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.16 to 12.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.26 from a trend line in the daily time frame.
- Resistance @15.81 from a trend line in the weekly 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 DRIO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DRIO is down. |
| ChartMill Relative Strength | 87.87 | POSITIVE | DRIO has a high relative strength, it outperformed 87.87% 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) | 46.49 | NEUTRAL | The RSI value for DRIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DRIO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.46 | NEUTRAL | The Stochastics value for DRIO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.99 | HIGH VOLATILITY | The high ATR as a percentage value for DRIO suggests high volalility. |
| Average Directional Index/ADX (14) | 16.37 | NEGATIVE | The low ADX value for DRIO suggests a weak or negative trend. |
12.15
+0.31 (+2.62%)
DARIOHEALTH CORP / DRIO FAQ
What is the technical rating for DRIO stock?
ChartMill assigns a technical rating of 2 / 10 to DRIO.
What is the trend direction for DRIO stock?
The current trend direction for DARIOHEALTH CORP (DRIO) is Bearish.
What is the RSI signal for DRIO stock?
DARIOHEALTH CORP (DRIO) has an RSI value of 46.4931. This indicates that the stock is currently neutral.
What is the MACD signal for DRIO stock?
The MACD indicator for DARIOHEALTH CORP (DRIO) has a value of -0.03731, indicating a bearish trend.
What is the buy/sell signal for DARIOHEALTH CORP (DRIO) stock?
The buy/sell signal for DARIOHEALTH CORP (DRIO) is sell as both the short term and long term trends are negative.