KLG Stock +78.58% In 3 Months Since We Picked KLG Stock +78.58% In 3 Months Since We Picked Unlock All Top Buy Picks
RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DRT.TO
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Thursday for DIRTT Environmental Solutions Ltd.
(Updated on Apr 25, 2024)

Sell candidate since Apr 18, 2024 Gain 9.84% PDF

The DIRTT Environmental Solutions Ltd. stock price gained 1.52% on the last trading day (Thursday, 25th Apr 2024), rising from $0.660 to $0.670. During the last trading day the stock fluctuated 3.08% from a day low at $0.650 to a day high of $0.670. The price has fallen in 5 of the last 10 days and is down by -4.29% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 227 thousand more shares were traded than the day before. In total, 248 thousand shares were bought and sold for approximately $166.18 thousand.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 21.95% during the next 3 months and, with a 90% probability hold a price between $0.759 and $1.05 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

DRT.TO Signals & Forecast

There are mixed signals in the stock today. The DIRTT Environmental Solutions Ltd. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.687. On a fall, the stock will find some support from the short-term average at $0.654. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -16.25%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). DIRTT Environmental Solutions Ltd. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for DIRTT Environmental Solutions Ltd. stock

DIRTT Environmental Solutions Ltd. finds support from accumulated volume at $0.660 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0200 between high and low, or 3.08%. For the last week, the stock has had daily average volatility of 2.44%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DRT.TO) For The Upcoming Trading Day Of Friday 26th

For the upcoming trading day on Friday, 26th we expect DIRTT Environmental Solutions Ltd. to open at $0.663, and during the day (based on 14 day Average True Range), to move between $0.638 and $0.702, which gives a possible trading interval of +/-$0.0324 (+/-4.83%) up or down from last closing price. If DIRTT Environmental Solutions Ltd. takes out the full calculated possible swing range there will be an estimated 9.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.660 (1.49%) than the resistance at $0.690 (2.99%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is DIRTT Environmental Solutions Ltd. stock A Buy?

DIRTT Environmental Solutions Ltd. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.882 Sell Candidate Unchanged

Predicted Opening Price for DIRTT Environmental Solutions Ltd. of Friday, April 26, 2024

Fair opening price April 26, 2024 Current price
$0.663 ( 1.00%) $0.670

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DRT.TO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.683 1.99 %
R2 0.676 0.85 %
R1 0.671 0.145 %
Current price: 0.670
Support S1 0.656 -2.14 %
S2 0.651 -2.84 %
S3 0.643 -3.98 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.750 11.94 %
R2 0.710 5.97 %
R1 0.690 2.99 %
Current price 0.670
Support S1 0.660 -1.49%
S2 0.640 -4.48%
S3 0.530 -20.90%

FAQ

What is the symbol for DIRTT Environmental Solutions Ltd. Stock and on which exchange is it traded?
The symbol for DIRTT Environmental Solutions Ltd. is DRT.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell DIRTT Environmental Solutions Ltd. Stock?
DIRTT Environmental Solutions Ltd. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy DIRTT Environmental Solutions Ltd. Stock?
DIRTT Environmental Solutions Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy DIRTT Environmental Solutions Ltd. Stock.

What's the current price of DIRTT Environmental Solutions Ltd. Stock?
As of the end of day on the Apr 25, 2024, the price of an DIRTT Environmental Solutions Ltd. (DRT.TO) share was $0.670.

What is the 52-week high and low for DIRTT Environmental Solutions Ltd. Stock?
The 52-week high for DIRTT Environmental Solutions Ltd. Stock is $0.82 and the 52-week low is $0.280.

What is the market capitalization of DIRTT Environmental Solutions Ltd. Stock?
As of the Apr 25, 2024, the market capitalization of DIRTT Environmental Solutions Ltd. is 128.044M.

When is the next earnings date for DIRTT Environmental Solutions Ltd.?
The upcoming earnings date for DIRTT Environmental Solutions Ltd. is May 08, 2024.
Click to get the best stock tips daily for free!

About DIRTT Environmental Solutions Ltd.

DIRTT Environmental Solutions Ltd. DIRTT Environmental Solutions Ltd. designs, manufactures, and installs prefabricated interior solutions for use in commercial spaces across various industries and businesses in the United States, Canada, internationally. Its ICE software interior construction software provides end-to-end integration, design, order engineering, manufacturing, and installation services. The company's interior construction solutions include prefabricated, customized... DRT.TO Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT