DUOS TECHNOLOGIES GROUP INC (DUOT) Stock Technical Analysis
NASDAQ:DUOT - Nasdaq - US2660424076 - Common Stock - Currency: USD
Overall DUOT gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, DUOT did better than 97% of all other stocks.
DUOT is part of the Software industry. There are 284 other stocks in this industry. DUOT outperforms 93% of them.
DUOT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DUOT is lagging the market slightly.
In the last month DUOT has a been trading in the 6.50 - 9.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
DUOT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 7.21, a Stop Loss order could be placed below this zone.
More info and screens
4.06
8.03
We found 3 important support areas.
- A support zone ranging from 7.19 to 7.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.35 from a trend line in the daily time frame.
- Support @4.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.89 to 7.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The long term trend for DUOT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DUOT is neutral. |
| ChartMill Relative Strength | 97.18 | POSITIVE | DUOT has a high relative strength, it outperformed 97.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DUOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DUOT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DUOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.58 | NEUTRAL | The RSI value for DUOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests DUOT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.81 | NEUTRAL | The Stochastics value for DUOT is a neutral value. |
| Average True Range in percent/ATR (20) | 10.45 | HIGH VOLATILITY | The high ATR as a percentage value for DUOT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.86 | NEUTRAL | The ADX value for DUOT 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 |
|---|---|---|---|
| 7.96 | 7.18 | 0.78 (9.80%) | 10.21% |
| An entry @7.96. This is a Buy Stop order right above the resistance zone. | An exit @7.18. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.78 points, which is 9.80%. | When investing 10.21% 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 DUOT. 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.
7.3
-0.08 (-1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.08%
1 Week-3.44%
2 Weeks-8.52%
1 Month-13.71%
3 Month37.48%
6 Month14.42%
12 Month155.25%
2 Year22.9%
3 Year90.6%
5 Year58.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%10.45%
ATR Inc60.49%
Range Today0.62
ADR(20)0.76
ADR(20)%10.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.18
Mansfield3.59
10 Day High8.35
10 Day Low6.5
20 Day High9.27
20 Day Low6.5
52 Week High9.27
52 Week Low2.03
CS1 End7.21
CR1 Start7.89
Volume & EV
DER(3)-8.58%
DER(5)-7.39%
Volume245.30K
Volume Incr78.18%
Vol(5)207.22K
Vol(50)133.75K