DATA STORAGE CORP -CW26 (DTSTW) Stock Technical Analysis
USA - NASDAQ:DTSTW -
We assign a technical rating of 0 out of 10 to DTSTW. DTSTW'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.
Although the technical rating is bad, DTSTW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.21. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for DTSTW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.14 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.29 from a trend line in the daily time frame.
- Resistance @0.32 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 | DOWN | NEGATIVE | The long term trend for DTSTW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DTSTW is down. |
| ChartMill Relative Strength | 2.88 | NEGATIVE | DTSTW has a low relative strength, it was outperformed by 97.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DTSTW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DTSTW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DTSTW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.28 | NEUTRAL | The RSI value for DTSTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DTSTW has a positive trend. |
| Stochastics (14,3) | 77.43 | NEUTRAL | The Stochastics value for DTSTW is a neutral value. |
| Average True Range in percent/ATR (20) | 24.82 | HIGH VOLATILITY | The high ATR as a percentage value for DTSTW suggests high volalility. |
| Average Directional Index/ADX (14) | 37.02 | POSITIVE | The high ADX value value for DTSTW suggests a strong trend. |
0.1849
+0.02 (+8.83%)
DATA STORAGE CORP -CW26 / DTSTW FAQ
What is the ChartMill technical rating of DATA STORAGE CORP -CW26 (DTSTW) stock?
ChartMill assigns a technical rating of 0 / 10 to DTSTW.
What is the current trend direction of DATA STORAGE CORP -CW26 (DTSTW) stock?
The current trend direction for DATA STORAGE CORP -CW26 (DTSTW) is Bearish.
Can you provide the RSI signal for DATA STORAGE CORP -CW26?
DATA STORAGE CORP -CW26 (DTSTW) has an RSI value of 48.2779. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DATA STORAGE CORP -CW26?
The MACD indicator for DATA STORAGE CORP -CW26 (DTSTW) has a value of 0.0024183, indicating a bearish trend.
What is the short term momentum for DATA STORAGE CORP -CW26 (DTSTW) stock?
The short term momentum for DATA STORAGE CORP -CW26 (DTSTW) is negative.