Logo image of DRTT

DIRTT ENVIRONMENTAL SOLUTION (DRTT) Stock Technical Analysis

USA - Nasdaq - NASDAQ:DRTT - CA25490H1064 - Common Stock

0.3343 USD
0 (-0.36%)
Last: 9/14/2023, 9:21:28 PM
0.2849 USD
-0.05 (-14.78%)
After Hours: 9/14/2023, 9:21:28 PM
Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to DRTT. DRTT 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
69% of all other stocks performed better in the past year than DRTT.
DRTT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month DRTT has a been trading in the 0.25 - 0.38 range, which is quite wide. It is currently trading near the high of this range.
DRTT is an average performer in the Building Products industry, it outperforms 68% of 42 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DIRTT ENVIRONMENTAL SOLUTION / DRTT Weekly stock chart
DIRTT ENVIRONMENTAL SOLUTION / DRTT Daily stock chart
Setup Rating and Analysis

5

DRTT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.34. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

0.29

0.54

We found 2 important support areas.

  • Support @0.30 from a trend line in the daily time frame.
  • A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 6 important areas.

  • A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.40 from a trend line in the weekly time frame.
  • Resistance @0.43 from a trend line in the weekly time frame.
  • Resistance @0.44 from a trend line in the daily time frame.
  • Resistance @0.48 from a trend line in the daily time frame.
  • Resistance @0.53 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for DRTT is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for DRTT is neutral.
ChartMill Relative Strength31.34NEUTRALDRTT is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of DRTT is above a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DRTT is above the rising SMA(50).
Simple Moving Average/SMA (200)UPMIXEDThe current price of DRTT is below the rising SMA(200).
Relative Strength Index/RSI (14)51.74NEUTRALThe RSI value for DRTT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests DRTT has a positive trend.
Stochastics (14,3)68.62NEUTRALThe Stochastics value for DRTT is a neutral value.
Average True Range in percent/ATR (20)11.15HIGH VOLATILITYThe high ATR as a percentage value for DRTT suggests high volalility.
Average Directional Index/ADX (14)19.01NEGATIVEThe low ADX value for DRTT suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
DIRTT ENVIRONMENTAL SOLUTION / DRTT Daily stock chart

DIRTT ENVIRONMENTAL SOLUTION

NASDAQ:DRTT (9/14/2023, 9:21:28 PM)

After market: 0.2849 -0.05 (-14.78%)

0.3343

0 (-0.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.36%
1 Week11.47%
2 Weeks-1.68%
1 Month-2.54%
3 Month11.43%
6 Month-27.33%
12 Month-25.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%11.15%
ATR Inc20.14%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.34
3 months CRSN/A
6 months CRSN/A
Mansfield-2.87
10 Day High0.38
10 Day Low0.25
20 Day High0.38
20 Day Low0.25
52 Week High1.07
52 Week Low0.2
CS1 End0.3
CR1 Start0.34
Volume & EV
DER(3)-5.07%
DER(5)-9.74%
Volume255.30K
Volume Incr112.56%
Vol(5)191.20K
Vol(50)340.91K

DIRTT ENVIRONMENTAL SOLUTION / DRTT FAQ

What is the ChartMill technical rating of DIRTT ENVIRONMENTAL SOLUTION (DRTT) stock?

ChartMill assigns a technical rating of 2 / 10 to DRTT.


Can you provide the trend direction for DIRTT ENVIRONMENTAL SOLUTION?

The current trend direction for DIRTT ENVIRONMENTAL SOLUTION (DRTT) is Bearish.


What is the RSI signal for DIRTT ENVIRONMENTAL SOLUTION (DRTT) stock?

DIRTT ENVIRONMENTAL SOLUTION (DRTT) has an RSI value of 51.7404. This indicates that the stock is currently neutral.


What is the short term momentum for DRTT stock?

The short term momentum for DIRTT ENVIRONMENTAL SOLUTION (DRTT) is neutral.