DATA STORAGE CORP (DTST) Stock Technical Analysis
NASDAQ:DTST - Nasdaq - US23786R2013 - Common Stock - Currency: USD
Taking everything into account, DTST scores 7 out of 10 in our technical rating. In the last year, DTST was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month DTST has a been trading in the 3.25 - 5.44 range, which is quite wide. It is currently trading near the high of this range.
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 performance of all stocks over the past year, DTST turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
DTST is an average performer in the IT Services industry, it outperforms 59% of 82 stocks in the same industry.
DTST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DTST is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DTST 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.
More info and screens
3.29
4.86
We found 3 important support areas.
- A support zone ranging from 3.68 to 3.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.38 to 3.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.32 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 DTST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DTST is up. |
| ChartMill Relative Strength | 54.52 | NEUTRAL | DTST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DTST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DTST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DTST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.6 | NEUTRAL | The RSI value for DTST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests DTST has a positive trend. |
| Stochastics (14,3) | 78.12 | NEUTRAL | The Stochastics value for DTST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for DTST suggests high volalility. |
| Average Directional Index/ADX (14) | 26.87 | POSITIVE | The high ADX value value for DTST 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)
4.81
-0.02 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.41%
1 Week36.26%
2 Weeks34.36%
1 Month39.42%
3 Month37.43%
6 Month15.21%
12 Month-20.5%
2 Year68.48%
3 Year92.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.56%
ATR Inc73.99%
Range Today0.36
ADR(20)0.21
ADR(20)%4.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.52
Mansfield1.29
10 Day High5.44
10 Day Low3.35
20 Day High5.44
20 Day Low3.25
52 Week High6.25
52 Week Low2.93
CS1 End3.77
CR1 StartN/A
Volume & EV
DER(3)3.53%
DER(5)0.82%
Volume240.20K
Volume Incr11704.24%
Vol(5)3.59M
Vol(50)393.70K