DUOS TECHNOLOGIES GROUP INC (DUOT) Technical Analysis
NASDAQ:DUOT • US2660424076
Current stock price
DUOT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DUOT. DUOT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, DUOT is a bad performer in the overall market: 63% of all stocks are doing better.
- In the last month DUOT has a been trading in the 6.99 - 9.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- DUOT is one of the better performing stocks in the Software industry, it outperforms 80% of 278 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- DUOT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DUOT is lagging the market slightly.
DUOT Weekly and Daily overview Charts
DUOT Setup Rating and Analysis
The technical rating of DUOT is bad and it also does not present a quality setup 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
DUOT Support and Resistance Analysis
7.23
When analyzing the support we notice one important area.
- A support zone ranging from 7.30 to 7.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @7.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.75 to 7.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.01 to 8.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
DUOT Technical Indicator Signal Analysis
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 DUOT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DUOT is down. |
| ChartMill Relative Strength | 37.67 | NEUTRAL | DUOT is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of DUOT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DUOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.57 | NEUTRAL | The RSI value for DUOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DUOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.22 | NEUTRAL | The Stochastics value for DUOT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.34 | HIGH VOLATILITY | The high ATR as a percentage value for DUOT suggests high volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for DUOT suggests a weak or negative trend. |
DUOT Chart- and CandleStick Pattern Analysis
DUOT Technicals: Chart, Performance Metrics, Trend & Indicators
7.31
-0.24 (-3.18%)
DUOS TECHNOLOGIES GROUP INC / DUOT TA FAQ
Can you provide the ChartMill technical rating for DUOS TECHNOLOGIES GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to DUOT.
What is the current trend direction of DUOS TECHNOLOGIES GROUP INC (DUOT) stock?
The current trend direction for DUOS TECHNOLOGIES GROUP INC (DUOT) is Bearish.
Can you provide the RSI signal for DUOS TECHNOLOGIES GROUP INC?
DUOS TECHNOLOGIES GROUP INC (DUOT) has an RSI value of 37.5698. This indicates that the stock is currently neutral.
What is the MACD signal for DUOS TECHNOLOGIES GROUP INC (DUOT) stock?
The MACD indicator for DUOS TECHNOLOGIES GROUP INC (DUOT) has a value of 0.0528772, indicating a bearish trend.