Taking everything into account, DFLI scores 4 out of 10 in our technical rating. Although DFLI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DFLI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.45
3 important support areas can be observed.
- Support @0.74 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.71 to 0.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.45 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.90 from a horizontal line in the daily time frame.
- Resistance @1.19 from a trend line in the weekly time frame.
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 DFLI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DFLI is neutral. |
| ChartMill Relative Strength | 93.92 | POSITIVE | DFLI has a high relative strength, it outperformed 93.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DFLI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DFLI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DFLI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.83 | NEUTRAL | The RSI value for DFLI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DFLI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.64 | NEUTRAL | The Stochastics value for DFLI is a neutral value. |
| Average True Range in percent/ATR (20) | 13.77 | HIGH VOLATILITY | The high ATR as a percentage value for DFLI suggests high volalility. |
| Average Directional Index/ADX (14) | 12.01 | NEGATIVE | The low ADX value for DFLI suggests a weak or negative trend. |
0.7931
-0.08 (-8.95%)
DRAGONFLY ENERGY HOLDINGS CO / DFLI FAQ
Can you provide the ChartMill technical rating for DRAGONFLY ENERGY HOLDINGS CO?
ChartMill assigns a technical rating of 4 / 10 to DFLI.
What is the trend direction for DFLI stock?
The current trend direction for DRAGONFLY ENERGY HOLDINGS CO (DFLI) is Bearish.
What is the RSI signal for DRAGONFLY ENERGY HOLDINGS CO (DFLI) stock?
DRAGONFLY ENERGY HOLDINGS CO (DFLI) has an RSI value of 46.8275. This indicates that the stock is currently neutral.
What is the MACD signal for DRAGONFLY ENERGY HOLDINGS CO (DFLI) stock?
The MACD indicator for DRAGONFLY ENERGY HOLDINGS CO (DFLI) has a value of 0.0146093, indicating a bearish trend.
Can you provide the short term momentum for DRAGONFLY ENERGY HOLDINGS CO?
The short term momentum for DRAGONFLY ENERGY HOLDINGS CO (DFLI) is neutral.