DSP Technical Analysis - VIANT TECHNOLOGY INC-A

Technical Rating and Analysis

We assign a technical rating of 2 out of 10 to DSP. Although DSP 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

DSP 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 DSP has a been trading in the 12.31 - 16.25 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.

DSP is part of the Software industry. There are 284 other stocks in this industry. DSP outperforms 72% of them.

When comparing the yearly performance of all stocks, we notice that DSP is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

VIANT TECHNOLOGY INC-A / DSP Weekly stock chart

VIANT TECHNOLOGY INC-A / DSP Daily stock chart

Setup Rating and Analysis

The technical rating of DSP 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

11.66

14.04

3 important support areas can be observed.

A support zone ranging from 12.49 to 12.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @12.15 from a horizontal line in the weekly time frame.
A support zone ranging from 11.78 to 11.79. This zone is formed by a combination of multiple trend lines in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 13.81 to 13.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 DSP is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for DSP is down.
ChartMill Relative Strength	84.15	POSITIVE	DSP has a high relative strength, it outperformed 84.15% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of DSP is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of DSP is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of DSP is below the rising SMA(200).
Relative Strength Index/RSI (14)	37.71	NEUTRAL	The RSI value for DSP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.13	NEGATIVE	The MACD value suggests DSP has a negative trend.
Stochastics (14,3)	15.41	OVERSOLD	The low Stochastics value suggests DSP may be oversold.
Average True Range in percent/ATR (20)	5.23	HIGH VOLATILITY	The high ATR as a percentage value for DSP suggests high volalility.
Average Directional Index/ADX (14)	14.67	NEGATIVE	The low ADX value for DSP suggests a weak or negative trend.