DIRTT ENVIRONMENTAL SOLUTION (DRTT) Stock Technical Analysis
USA - NASDAQ:DRTT - CA25490H1064 - Common Stock
Taking everything into account, DRTT scores 2 out of 10 in our technical rating. DRTT'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.
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.
More info and screens
0.29
When analyzing the support we can see 2 important 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.
We can see 6 important resistance 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.
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 DRTT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRTT is neutral. |
| ChartMill Relative Strength | 31.34 | NEUTRAL | DRTT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DRTT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRTT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DRTT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.74 | NEUTRAL | The RSI value for DRTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DRTT has a positive trend. |
| Stochastics (14,3) | 68.62 | NEUTRAL | The Stochastics value for DRTT is a neutral value. |
| Average True Range in percent/ATR (20) | 11.15 | HIGH VOLATILITY | The high ATR as a percentage value for DRTT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for DRTT suggests a weak or negative trend. |
0.3343
0 (-0.36%)
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.
What is the current trend direction of DIRTT ENVIRONMENTAL SOLUTION (DRTT) stock?
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.
Can you provide the short term momentum for DIRTT ENVIRONMENTAL SOLUTION?
The short term momentum for DIRTT ENVIRONMENTAL SOLUTION (DRTT) is neutral.
What are the support and resistance levels for DIRTT ENVIRONMENTAL SOLUTION (DRTT) stock?
DIRTT ENVIRONMENTAL SOLUTION (DRTT) has a support level at 0.3 and a resistance level at 0.34. Check the full technical report for our detailed analysis of DRTT support and resistance levels.