DSP Technical Analysis - VIANT TECHNOLOGY INC-A

Technical Rating and Analysis

Taking everything into account, DSP scores 1 out of 10 in our technical rating. DSP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, DSP is a bad performer in the overall market: 89% of all stocks are doing better.

DSP is one of the lesser performing stocks in the Software industry. 75% of 280 stocks in the same industry do better.

DSP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month DSP has a been trading in the 9.07 - 10.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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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

Although the technical rating is bad, DSP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.41. Right above this resistance zone may be a good entry point.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

9.40

14.70

We found 2 important support areas.

Support @9.69 from a trend line in the weekly time frame.
Support @9.49 from a horizontal line in the weekly time frame.

4 important resistance areas can be observed.

A resistance zone ranging from 10.41 to 10.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 11.53 to 11.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 13.96 to 14.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @14.55 from a horizontal line in the daily time frame.

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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	11.73	NEGATIVE	DSP has a low relative strength, it was outperformed by 88.27% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of DSP is below the rising 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)	DOWN	NEGATIVE	The current price of DSP is below a declining SMA(200).
Relative Strength Index/RSI (14)	38.08	NEUTRAL	The RSI value for DSP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.11	POSITIVE	The MACD value suggests DSP has a positive trend, although the MACD value is declining.
Stochastics (14,3)	37.13	NEUTRAL	The Stochastics value for DSP is a neutral value.
Average True Range in percent/ATR (20)	4.39	MEDIUM VOLATILITY	The ATR as a percentage value for DSP suggests some volalility.
Average Directional Index/ADX (14)	25.02	POSITIVE	The high ADX value value for DSP suggests a strong trend.