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DIGITAL TRANSFORMATION OPP-A (DTOC) Stock Technical Analysis

USA - Nasdaq - NASDAQ:DTOC - US25401K1079 - Common Stock

25.97 USD
+12.27 (+89.56%)
Last: 9/20/2023, 8:00:02 PM
22 USD
-3.97 (-15.29%)
After Hours: 9/20/2023, 8:00:02 PM
Technical Rating and Analysis

8

Overall DTOC gets a technical rating of 8 out of 10. In the last year, DTOC 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.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, DTOC did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
DTOC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DTOC is lagging the market.
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.
Weekly and Daily overview Charts
DIGITAL TRANSFORMATION OPP-A / DTOC Weekly stock chart
DIGITAL TRANSFORMATION OPP-A / DTOC Daily stock chart
Setup Rating and Analysis

1

Although DTOC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

9.51

26.23

We found 3 important support areas.

  • 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.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for DTOC is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for DTOC is up.
ChartMill Relative Strength99.41POSITIVEDTOC has a high relative strength, it outperformed 99.41% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of DTOC is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DTOC is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of DTOC is above the rising SMA(200).
Relative Strength Index/RSI (14)66.29NEUTRALThe RSI value for DTOC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)1.41POSITIVEThe MACD value suggests DTOC has a positive trend.
Stochastics (14,3)43.14NEUTRALThe Stochastics value for DTOC is a neutral value.
Average True Range in percent/ATR (20)12.92HIGH VOLATILITYThe high ATR as a percentage value for DTOC suggests high volalility.
Average Directional Index/ADX (14)57.95POSITIVEThe high ADX value value for DTOC suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
DIGITAL TRANSFORMATION OPP-A / DTOC Daily stock chart

DIGITAL TRANSFORMATION OPP-A

NASDAQ:DTOC (9/20/2023, 8:00:02 PM)

After market: 22 -3.97 (-15.29%)

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
3 months CRSN/A
6 months CRSN/A
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

DIGITAL TRANSFORMATION OPP-A / DTOC FAQ

Can you provide the ChartMill technical rating for DIGITAL TRANSFORMATION OPP-A?

ChartMill assigns a technical rating of 7 / 10 to DTOC.


What is the current trend direction of DIGITAL TRANSFORMATION OPP-A (DTOC) stock?

The current trend direction for DIGITAL TRANSFORMATION OPP-A (DTOC) is Bearish.


Can you provide the RSI signal for DIGITAL TRANSFORMATION OPP-A?

DIGITAL TRANSFORMATION OPP-A (DTOC) has an RSI value of 66.2862. This indicates that the stock is currently neutral.


What is the MACD signal for DIGITAL TRANSFORMATION OPP-A (DTOC) stock?

The MACD indicator for DIGITAL TRANSFORMATION OPP-A (DTOC) has a value of 1.41075, indicating a bullish trend.


What is the short term momentum for DTOC stock?

The short term momentum for DIGITAL TRANSFORMATION OPP-A (DTOC) is positive.