DAKTRONICS INC (DAKT)

US2342641097 - Common Stock

16.7  -0.24 (-1.42%)

After market: 16.7 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, DAKT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DAKT has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, DAKT did better than 95% of all other stocks. On top of that, DAKT also shows a nice and consistent pattern of rising prices.
DAKT is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry. DAKT outperforms 88% of them.
DAKT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DAKT is performing more or less in line with the market.
In the last month DAKT has a been trading in the 14.30 - 19.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
DAKT Weekly chart
DAKT Daily chart
Setup Rating and Analysis

6

DAKT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 16.69, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

13.18

16.87

5 important support areas can be observed.

  • A support zone ranging from 16.69 to 16.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.27 from a trend line in the daily time frame.
  • Support @14.26 from a trend line in the daily time frame.
  • Support @13.91 from a trend line in the weekly time frame.
  • Support @13.31 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.34
Mansfield2.98
10 Day High19.55
10 Day Low16.35
20 Day High19.89
20 Day Low14.3
52 Week High19.89
52 Week Low7.2
Performance
1 Week-5.22%
2 Weeks-14.36%
1 Month16.46%
3 Month37.68%
6 Month55.93%
12 Month94.87%
2 Year492.2%
3 Year230.69%
5 Year174.22%
10 Year33.49%
15 Year81.32%
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)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)50.85
LBB15.84
UBB19.94
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
17.6616.680.98 (5.53%)18.09%
An entry @17.66. This is a Buy Stop order right above the 10 day moving average.An exit @16.68. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.98 points, which is 5.53%.When investing 18.09% 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 DAKT. 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.
DAKT Daily chart

DAKTRONICS INC

NASDAQ:DAKT (12/20/2024, 8:04:44 PM)

After market: 16.7 0 (0%)

16.7

-0.24 (-1.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.42%
1 Week-5.22%
2 Weeks-14.36%
1 Month16.46%
3 Month37.68%
6 Month55.93%
12 Month94.87%
2 Year492.2%
3 Year230.69%
5 Year174.22%
10 Year33.49%
15 Year81.32%
Volatility
ATR(14)1.19
ATR(20)%5.92%
ATR Inc-34.83%
Range Today0.66
ADR(20)0.93
ADR(20)%5.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.34
Mansfield2.98
10 Day High19.55
10 Day Low16.35
20 Day High19.89
20 Day Low14.3
52 Week High19.89
52 Week Low7.2
CS1 End16.69
CR1 StartN/A
Volume & EV
DER(3)-4.95%
DER(5)-2.88%
Volume903.20K
Volume Incr3.87%
Vol(5)635.52K
Vol(50)493.90K