DRAGANFLY INC (DPRO)

CA26142Q2053 - Common Stock

4.19  +1.24 (+42.03%)

After market: 4.5 +0.31 (+7.4%)

Technical Rating and Analysis

5

Taking everything into account, DPRO scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DPRO was also a bad performer in the overall market in the last year.

80% of all other stocks performed better in the past year than DPRO.
DPRO is part of the Aerospace & Defense industry. There are 65 other stocks in this industry, of which 76% are performing better than DPRO.
DPRO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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.
In the last month DPRO has a been trading in the 2.05 - 4.63 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
DPRO Weekly chart
DPRO Daily chart
Setup Rating and Analysis

2

DPRO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

2.22

4.23

We found 2 important support areas.

  • Support @2.38 from a trend line in the daily time frame.
  • A support zone ranging from 2.24 to 2.27. This zone is formed by a combination of multiple trend lines in multiple time frames.

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
CRS20.71
Mansfield-3.75
10 Day High4.63
10 Day Low2.05
20 Day High4.63
20 Day Low2.05
52 Week High15
52 Week Low1.55
Performance
1 Week81.39%
2 Weeks57.52%
1 Month76.79%
3 Month55.33%
6 Month-39.23%
12 Month-68.38%
2 Year-81.6%
3 Year-94.14%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.16
RSI(14)71.97
LBB1.69
UBB3.62
DPRO Daily chart

DRAGANFLY INC

NASDAQ:DPRO (11/29/2024, 7:28:03 PM)

After market: 4.5 +0.31 (+7.4%)

4.19

+1.24 (+42.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg42.03%
1 Week81.39%
2 Weeks57.52%
1 Month76.79%
3 Month55.33%
6 Month-39.23%
12 Month-68.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.54
ATR(20)%10.8%
ATR Inc
Range Today1.61
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.63
10 Day Low2.05
20 Day High4.63
20 Day Low2.05
52 Week High15
52 Week Low1.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.69M
Volume Incr1873.07%
Vol(5)1.31M
Vol(50)203.54K