DIGITAL TRANSFORMATION OPP-A (DTOC) Stock Technical Analysis
NASDAQ:DTOC - Nasdaq - US25401K1079 - Common Stock - Currency: USD
Taking everything into account, DTOC scores 8 out of 10 in our technical rating. DTOC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that DTOC is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
DTOC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DTOC is lagging the market slightly.
In the last month DTOC has a been trading in the 10.21 - 39.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although DTOC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.51
26.23
3 important support areas can be observed.
- Support @10.47 from a horizontal line in the daily time frame.
- Support @10.12 from a horizontal line in the daily time frame.
- A support zone ranging from 9.61 to 9.75. This zone is formed by a combination of multiple trend lines 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 DTOC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DTOC is up. |
| ChartMill Relative Strength | 99.41 | POSITIVE | DTOC has a high relative strength, it outperformed 99.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DTOC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DTOC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DTOC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.29 | NEUTRAL | The RSI value for DTOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.41 | POSITIVE | The MACD value suggests DTOC has a positive trend. |
| Stochastics (14,3) | 43.14 | NEUTRAL | The Stochastics value for DTOC is a neutral value. |
| Average True Range in percent/ATR (20) | 12.92 | HIGH VOLATILITY | The high ATR as a percentage value for DTOC suggests high volalility. |
| Average Directional Index/ADX (14) | 57.95 | POSITIVE | The high ADX value value for DTOC 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)
25.97
+12.27 (+89.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg89.56%
1 Week143.39%
2 Weeks146.63%
1 Month144.54%
3 Month150.92%
6 Month156.37%
12 Month164.46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.77
ATR(20)%12.92%
ATR Inc716.21%
Range Today18.5
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.41
Mansfield13.12
10 Day High39.6
10 Day Low10.21
20 Day High39.6
20 Day Low10.21
52 Week High39.6
52 Week Low7.02
CS1 End10.47
CR1 StartN/A
Volume & EV
DER(3)3.61%
DER(5)-6.38%
Volume4.62M
Volume Incr14338.08%
Vol(5)1.21M
Vol(50)129.02K