Digirad Corp (DRAD) Stock Technical Analysis
NASDAQ:DRAD - Nasdaq -
Taking everything into account, DRAD scores 8 out of 10 in our technical rating. DRAD has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
DRAD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DRAD is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Looking at the yearly performance, DRAD did better than 83% of all other stocks.
In the last month DRAD has a been trading in the 2.69 - 3.61 range, which is quite wide. It is currently trading near the high of this range.
DRAD has an average volume of 1297870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DRAD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.33
7.00
We found 3 important support areas.
- A support zone ranging from 2.80 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.42 to 2.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.35 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @3.86 from a trend line in the weekly time frame.
- Resistance @6.93 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.96
Mansfield0.26
10 Day High3.61
10 Day Low2.75
20 Day High3.61
20 Day Low2.69
52 Week High8.84
52 Week Low1.99
Performance
1 Week25.09%
2 Weeks17.32%
1 Month27.76%
3 Month40.78%
6 Month26.41%
12 Month40.23%
2 YearN/A
3 YearN/A
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)0.03
RSI(14)71.58
LBB2.56
UBB3.35
3.59
+0.73 (+25.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg25.52%
1 Week25.09%
2 Weeks17.32%
1 Month27.76%
3 Month40.78%
6 Month26.41%
12 Month40.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%4.99%
ATR Inc180.71%
Range Today0.77
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.96
Mansfield0.26
10 Day High3.61
10 Day Low2.75
20 Day High3.61
20 Day Low2.69
52 Week High8.84
52 Week Low1.99
CS1 End2.91
CR1 Start3.86
Volume & EV
DER(3)7.84%
DER(5)3.27%
Volume3.27M
Volume Incr422.68%
Vol(5)835.06K
Vol(50)1.30M