VIANT TECHNOLOGY INC-A (DSP) Stock Technical Analysis
NASDAQ:DSP - Nasdaq - US92557A1016 - Common Stock - Currency: USD
Overall DSP gets a technical rating of 3 out of 10. DSP has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
DSP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DSP is lagging the market.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, DSP did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
DSP is an average performer in the Software industry, it outperforms 64% of 281 stocks in the same industry.
In the last month DSP has a been trading in the 12.87 - 15.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DSP has a poor technical rating and the quality of the setup is also not perfect 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
11.66
15.55
3 important support areas can be observed.
- A support zone ranging from 13.19 to 13.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.15 to 12.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.78 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 13.81 to 14.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.39 to 14.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @14.80 from a horizontal line in the daily time frame.
- Resistance @15.40 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for DSP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSP is neutral. |
| ChartMill Relative Strength | 74.78 | POSITIVE | DSP has a high relative strength, it outperformed 74.78% 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 | MIXED | The current price of DSP is above 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) | 48.42 | NEUTRAL | The RSI value for DSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.55 | NEUTRAL | The Stochastics value for DSP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for DSP suggests some volalility. |
| Average Directional Index/ADX (14) | 12.01 | NEGATIVE | The low ADX value for DSP suggests a weak or negative trend. |
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)
13.63
-0.87 (-6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-6%
1 Week-6.64%
2 Weeks-0.58%
1 Month-1.09%
3 Month-6.26%
6 Month-38.41%
12 Month33.63%
2 Year117.38%
3 Year201.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%4.54%
ATR Inc114.99%
Range Today0.62
ADR(20)0.58
ADR(20)%4.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.78
Mansfield-1.38
10 Day High15.18
10 Day Low13.32
20 Day High15.18
20 Day Low12.87
52 Week High26.33
52 Week Low8.7
CS1 End13.26
CR1 Start13.81
Volume & EV
DER(3)-0.68%
DER(5)2.37%
Volume197.70K
Volume Incr79.03%
Vol(5)285.14K
Vol(50)204.43K