Taking everything into account, DTCK scores 1 out of 10 in our technical rating. DTCK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 98% of all other stocks performed better in the past year than DTCK.
- DTCK is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 89% of 38 stocks in the same industry do better.
- DTCK 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 DTCK has a been trading in the 0.23 - 0.55 range, which is quite wide. It is currently trading near the lows of this range.
- DTCK has an average volume of 4701170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DTCK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for DTCK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.30
When analyzing the support we notice one important area.
- Support @0.30 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.36 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 DTCK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DTCK is down. |
| ChartMill Relative Strength | 2.89 | NEGATIVE | DTCK has a low relative strength, it was outperformed by 97.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DTCK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DTCK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DTCK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.06 | NEUTRAL | The RSI value for DTCK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DTCK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 15.67 | OVERSOLD | The low Stochastics value suggests DTCK may be oversold. |
| Average True Range in percent/ATR (20) | 16.93 | HIGH VOLATILITY | The high ATR as a percentage value for DTCK suggests high volalility. |
| Average Directional Index/ADX (14) | 6.1 | NEGATIVE | The low ADX value for DTCK suggests a weak or negative trend. |
0.3391
+0.03 (+9.74%)
DAVIS COMMODITIES LTD-A / DTCK FAQ
What is the ChartMill technical rating of DAVIS COMMODITIES LTD-A (DTCK) stock?
ChartMill assigns a technical rating of 1 / 10 to DTCK.
What is the trend direction for DTCK stock?
The current trend direction for DAVIS COMMODITIES LTD-A (DTCK) is Bearish.
What is the RSI signal for DAVIS COMMODITIES LTD-A (DTCK) stock?
DAVIS COMMODITIES LTD-A (DTCK) has an RSI value of 45.0572. This indicates that the stock is currently neutral.
What is the short term momentum for DTCK stock?
The short term momentum for DAVIS COMMODITIES LTD-A (DTCK) is negative.
What are the support and resistance levels for DAVIS COMMODITIES LTD-A (DTCK) stock?
DAVIS COMMODITIES LTD-A (DTCK) has a support level at 0.3 and a resistance level at 0.36. Check the full technical report for our detailed analysis of DTCK support and resistance levels.