We assign a technical rating of 0 out of 10 to DAPP. DAPP'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 technical rating of DAPP 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
15.80
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.77 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.96 to 16.19. 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 18.95 to 19.41. 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 | NEUTRAL | NEUTRAL | The long term trend for DAPP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DAPP is down. |
| ChartMill Relative Strength | 22.92 | NEGATIVE | DAPP has a low relative strength, it was outperformed by 77.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAPP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DAPP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAPP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.62 | NEUTRAL | The RSI value for DAPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DAPP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.89 | NEUTRAL | The Stochastics value for DAPP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.95 | HIGH VOLATILITY | The high ATR as a percentage value for DAPP suggests high volalility. |
| Average Directional Index/ADX (14) | 17.46 | NEGATIVE | The low ADX value for DAPP suggests a weak or negative trend. |
17.1
+0.28 (+1.66%)
VANECK DIGITAL TRANSFORMATIO / DAPP FAQ
What is the ChartMill technical rating of VANECK DIGITAL TRANSFORMATIO (DAPP) stock?
ChartMill assigns a technical rating of 0 / 10 to DAPP.
What is the current trend direction of VANECK DIGITAL TRANSFORMATIO (DAPP) stock?
The current trend direction for VANECK DIGITAL TRANSFORMATIO (DAPP) is Bearish.
What is the RSI signal for DAPP stock?
VANECK DIGITAL TRANSFORMATIO (DAPP) has an RSI value of 38.6236. This indicates that the stock is currently neutral.
Can you provide the short term momentum for VANECK DIGITAL TRANSFORMATIO?
The short term momentum for VANECK DIGITAL TRANSFORMATIO (DAPP) is negative.