DATASEA INC (DTSS) Stock Technical Analysis
USA - NASDAQ:DTSS - US2381163052 - Common Stock
2.16 USD
+0.03 (+1.41%)
2.19 USD
+0.03 (+1.39%)
Overall DTSS gets a technical rating of 7 out of 10. DTSS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was 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.
In the last month DTSS has a been trading in the 1.80 - 2.30 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, DTSS turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
DTSS is part of the Software industry. There are 280 other stocks in this industry, DTSS did better than 51% of them.
DTSS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DTSS is lagging the market.
Volume is considerably higher in the last couple of days.
DTSS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.13, a Stop Loss order could be placed below this zone.
More info and screens
1.77
2.68
We found 4 important support areas.
- A support zone ranging from 2.10 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.02 to 2.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.83 to 1.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @1.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.17 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.22 to 2.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.65 from a horizontal line 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 DTSS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DTSS is up. |
| ChartMill Relative Strength | 54.31 | NEUTRAL | DTSS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DTSS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DTSS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DTSS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.56 | NEUTRAL | The RSI value for DTSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DTSS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.05 | NEUTRAL | The Stochastics value for DTSS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for DTSS suggests high volalility. |
| Average Directional Index/ADX (14) | 23.76 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.18 | 2.09 | 0.09 (4.13%) | 24.22% |
| An entry @2.18. This is a Buy Stop order right above the resistance zone. | An exit @2.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.09 points, which is 4.13%. | When investing 24.22% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DTSS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.16
+0.03 (+1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.41%
1 Week1.41%
2 Weeks4.35%
1 Month14.29%
3 Month6.4%
6 Month-1.82%
12 Month8.54%
2 Year-30.77%
3 Year-90.34%
5 Year-95.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%6.06%
ATR Inc-55.33%
Range Today0.07
ADR(20)0.13
ADR(20)%5.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.31
Mansfield-1.08
10 Day High2.3
10 Day Low1.95
20 Day High2.3
20 Day Low1.8
52 Week High3.1
52 Week Low1.63
CS1 End2.13
CR1 Start2.17
Volume & EV
DER(3)-9.75%
DER(5)-3.01%
Volume61.40K
Volume Incr7.85%
Vol(5)92.56K
Vol(50)68.12K