DUOS TECHNOLOGIES GROUP INC (DUOT) Technical Analysis
NASDAQ:DUOT • US2660424076
Current stock price
DUOT Technical Rating and Analysis
Taking everything into account, DUOT scores 4 out of 10 in our technical rating. In the past year, DUOT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- 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.
- DUOT is one of the better performing stocks in the Software industry, it outperforms 77% of 271 stocks in the same industry.
- In the last month DUOT has a been trading in the 6.17 - 9.01 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, DUOT turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- DUOT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DUOT 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.
DUOT Weekly and Daily overview Charts
DUOT Setup Rating and Analysis
DUOT has an average technical rating and it also does not offer a high 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
6.11
When analyzing the support we can see 2 important areas.
- Support @6.32 from a trend line in the daily time frame.
- Support @6.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.60 to 8.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for DUOT is up. |
| ChartMill Relative Strength | 58.11 | NEUTRAL | DUOT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DUOT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DUOT is above a declining 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) | 65.67 | NEUTRAL | The RSI value for DUOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests DUOT has a positive trend. |
| Stochastics (14,3) | 93.52 | OVERBOUGHT | The high Stochastics value suggests DUOT may be overbought. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for DUOT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.11 | NEUTRAL | The ADX value for DUOT suggests a possible start of a new trend. |
DUOT Chart- and CandleStick Pattern Analysis
DUOT Technicals: Chart, Performance Metrics, Trend & Indicators
8.59
+0.19 (+2.26%)
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 4 / 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.
What is the RSI signal for DUOT stock?
DUOS TECHNOLOGIES GROUP INC (DUOT) has an RSI value of 65.6694. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DUOS TECHNOLOGIES GROUP INC?
The short term momentum for DUOS TECHNOLOGIES GROUP INC (DUOT) is positive.
Can you provide the support and resistance levels for DUOS TECHNOLOGIES GROUP INC?
DUOS TECHNOLOGIES GROUP INC (DUOT) has a support level at 6.32 and a resistance level at 8.6. Check the full technical report for our detailed analysis of DUOT support and resistance levels.