DATASEA INC (DTSS) Stock Technical Analysis
NASDAQ:DTSS - Nasdaq - US2381163052 - Common Stock - Currency: USD
Overall DTSS gets a technical rating of 1 out of 10. DTSS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, DTSS is a bad performer in the overall market: 90% of all stocks are doing better.
DTSS is one of the lesser performing stocks in the Software industry. 77% of 282 stocks in the same industry do better.
DTSS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month DTSS has a been trading in the 1.90 - 2.44 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
DTSS has a poor technical rating and the quality of the setup is also not perfect 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
1.82
2.72
We found 2 important support areas.
- Support @1.87 from a trend line in the weekly time frame.
- A support zone ranging from 1.84 to 1.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.05 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.54 from a trend line in the daily time frame.
- A resistance zone ranging from 2.65 to 2.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DTSS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DTSS is down. |
| ChartMill Relative Strength | 10.73 | NEGATIVE | DTSS has a low relative strength, it was outperformed by 89.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DTSS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DTSS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DTSS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.44 | NEUTRAL | The RSI value for DTSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DTSS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.99 | OVERSOLD | The low Stochastics value suggests DTSS may be oversold. |
| Average True Range in percent/ATR (20) | 6.44 | HIGH VOLATILITY | The high ATR as a percentage value for DTSS suggests high volalility. |
| Average Directional Index/ADX (14) | 20.81 | NEUTRAL | The ADX value for DTSS suggests a possible start of a new 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)
1.9154
-0.02 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.27%
1 Week-3.75%
2 Weeks-6.11%
1 Month-13.72%
3 Month0.28%
6 Month-17.79%
12 Month-33.26%
2 Year-82.51%
3 Year-91.43%
5 Year-93.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%6.44%
ATR Inc-52.81%
Range Today0.05
ADR(20)0.12
ADR(20)%6.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.73
Mansfield-2.09
10 Day High2.15
10 Day Low1.9
20 Day High2.44
20 Day Low1.9
52 Week High3.55
52 Week Low1.63
CS1 End1.87
CR1 Start2.05
Volume & EV
DER(3)-8.18%
DER(5)-10.08%
Volume19.00K
Volume Incr-61.2%
Vol(5)33.68K
Vol(50)178.03K