TRIDENT DIGITAL TECH HOLDING (TDTH) Stock Technical Analysis
NASDAQ:TDTH - Nasdaq - US89616X1063 - ADR - Currency: USD
Overall TDTH gets a technical rating of 1 out of 10. TDTH'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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TDTH is a bad performer in the overall market: 100% of all stocks are doing better.
TDTH is part of the IT Services industry. There are 82 other stocks in this industry, of which 91% are performing better than TDTH.
TDTH has an average volume of 1355750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TDTH has a been trading in the 0.21 - 0.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of TDTH 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
0.22
0.34
When analyzing the support we notice one important area.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 TDTH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TDTH is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | TDTH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TDTH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TDTH is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 53.56 | NEUTRAL | The RSI value for TDTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TDTH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.63 | NEUTRAL | The Stochastics value for TDTH is a neutral value. |
| Average True Range in percent/ATR (20) | 9.57 | HIGH VOLATILITY | The high ATR as a percentage value for TDTH suggests high volalility. |
| Average Directional Index/ADX (14) | 25.04 | POSITIVE | The high ADX value value for TDTH 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)
0.326
-0.02 (-4.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-4.68%
1 Week-13.04%
2 Weeks15.19%
1 Month38.72%
3 Month-66.73%
6 Month-85.95%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%9.57%
ATR Inc-24.49%
Range Today0.04
ADR(20)0.03
ADR(20)%8.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.43
10 Day Low0.27
20 Day High0.43
20 Day Low0.22
52 Week HighN/A
52 Week LowN/A
CS1 End0.22
CR1 Start0.34
Volume & EV
DER(3)-20.78%
DER(5)-11.99%
Volume140.14K
Volume Incr-66.5%
Vol(5)319.57K
Vol(50)1.36M