Taking everything into account, DSPC scores 1 out of 10 in our technical rating. DSPC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
DSPC 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.
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5.46
When analyzing the support we notice one important area.
- A support zone ranging from 5.52 to 5.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.82 to 5.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.01 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 DSPC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DSPC is neutral. |
| ChartMill Relative Strength | 9.64 | NEGATIVE | DSPC has a low relative strength, it was outperformed by 90.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DSPC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DSPC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DSPC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.62 | NEUTRAL | The RSI value for DSPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests DSPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.63 | NEUTRAL | The Stochastics value for DSPC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for DSPC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.8 | NEUTRAL | The ADX value for DSPC suggests a possible start of a new trend. |
NASDAQ:DSPC (1/20/2023, 8:00:01 PM)
5.74
+0.21 (+3.8%)
AXS DeSPAC ETF / DSPC FAQ
What is the ChartMill technical rating of AXS DeSPAC ETF (DSPC) stock?
ChartMill assigns a technical rating of 1 / 10 to DSPC.
Can you provide the trend direction for AXS DeSPAC ETF?
The current trend direction for AXS DeSPAC ETF (DSPC) is Bearish.
What is the RSI signal for AXS DeSPAC ETF (DSPC) stock?
AXS DeSPAC ETF (DSPC) has an RSI value of 55.62. This indicates that the stock is currently neutral.
What is the support and resistance level for DSPC stock?
AXS DeSPAC ETF (DSPC) has a support level at 5.67 and a resistance level at 5.82. Check the full technical report for our detailed analysis of DSPC support and resistance levels.