DSP Group Inc (DSPG)

Common Stock

21.98  -0.01 (-0.05%)

After market: 21.98 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to DSPG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DSPG is only an average performer.

The long and short term trends are both positive. This is looking good!
DSPG is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DSPG is leading the market.
When compared to the yearly performance of all other stocks, DSPG outperforms 69% of them, which is more or less in line with the market.
DSPG is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 59% of 107 stocks in the same industry.
In the last month DSPG has a been trading in a tight range between 21.91 and 22.00.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DSPG Weekly chart
DSPG Daily chart
Setup Rating and Analysis

9

DSPG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.97, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

13.86

22.21

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 21.74 to 21.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @15.46 from a trend line in the weekly time frame.
  • Support @14.71 from a trend line in the daily time frame.
  • Support @14.00 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 21.99 to 21.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.99
Mansfield1.68
10 Day High22
10 Day Low21.95
20 Day High22
20 Day Low21.91
52 Week High22
52 Week Low13.42
Performance
1 Week0.05%
2 Weeks0.14%
1 Month0.27%
3 Month0.46%
6 Month37.46%
12 Month27.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)66.76
LBB21.94
UBB21.99
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
22.0021.940.06 (0.27%)25.00%
An entry @22.00. This is a Buy Stop order right above the resistance zone.An exit @21.94. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.06 points, which is 0.27%.For a 0.07% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DSPG Daily chart

DSP Group Inc

NASDAQ:DSPG (12/2/2021, 7:13:41 PM)

After market: 21.98 0 (0%)

21.98

-0.01 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.05%
1 Week0.05%
2 Weeks0.14%
1 Month0.27%
3 Month0.46%
6 Month37.46%
12 Month27.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.14%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22
10 Day Low21.95
20 Day High22
20 Day Low21.91
52 Week High22
52 Week Low13.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume408.20K
Volume Incr296.94%
Vol(5)596.78K
Vol(50)257.27K