SOLO BRANDS INC - CLASS A (DTC) Stock Technical Analysis
NYSE:DTC - New York Stock Exchange, Inc. - US83425V1044 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to DTC. In the last year, DTC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DTC is one of the better performing stocks in the Leisure Products industry, it outperforms 96% of 31 stocks in the same industry.
DTC has an average volume of 1056720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DTC did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
DTC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DTC is lagging the market.
In the last month DTC has a been trading in the 0.09 - 33.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although DTC has an excellent technical rating, it does not present a decent entry opportunity 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
19.35
19.75
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 DTC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DTC is up. |
| ChartMill Relative Strength | 99.89 | POSITIVE | DTC has a high relative strength, it outperformed 99.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DTC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 91.23 | OVERBOUGHT | The high RSI value suggests DTC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.43 | POSITIVE | The MACD value suggests DTC has a positive trend. |
| Stochastics (14,3) | 60.4 | NEUTRAL | The Stochastics value for DTC is a neutral value. |
| Average True Range in percent/ATR (20) | 12.1 | HIGH VOLATILITY | The high ATR as a percentage value for DTC suggests high volalility. |
| Average Directional Index/ADX (14) | 76.23 | POSITIVE | The high ADX value value for DTC suggests a strong 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)
19.55
-0.68 (-3.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-3.36%
1 Week19047.9%
2 Weeks12118.8%
1 Month10040%
3 Month1894.9%
6 Month1489.43%
12 Month892.39%
2 Year374.52%
3 Year288.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.37
ATR(20)%12.1%
ATR Inc38.61%
Range Today2.8
ADR(20)1.46
ADR(20)%7.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.89
Mansfield78.86
10 Day High33.43
10 Day Low0.09
20 Day High33.43
20 Day Low0.09
52 Week High33.43
52 Week Low0.09
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.16%
DER(5)-1.61%
Volume19.60K
Volume Incr-54.47%
Vol(5)487.38K
Vol(50)1.06M