While this happened, Aegis Capital initiated its Digital Ally Inc [DGLY] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including Maxim Group’s analysts, who remained covering the stock and in mid November has reiterated a ‘”a Buy”‘ rating for it. Maxim Group began covering DGLY with “Buy” recommendation on August 18, 2016. ROTH Capital revised its rating on November 13, 2015. It rated DGLY as “a Neutral” which previously was an “a Buy”.
Price Performance Review of DGLY
On Friday, Digital Ally Inc [NASDAQ:DGLY] saw its stock fall -23.22% to $0.17. Over the last five days, the stock has lost -20.15%. Digital Ally Inc shares have fallen nearly -66.95% since the year began. Nevertheless, the stocks have fallen -91.32% over the past one year. While a 52-week high of $3.29 was reached on 01/03/25, a 52-week low of $0.18 was recorded on 02/07/25. SMA at 50 days reached $0.5163, while 200 days put it at $1.4172.
Levels Of Support And Resistance For DGLY Stock
The 24-hour chart illustrates a support level at 0.1637, which if violated will result in even more drops to 0.1539. On the upside, there is a resistance level at 0.1847. A further resistance level may holdings at 0.1959. The Relative Strength Index (RSI) on the 14-day chart is 23.97, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0718, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.76%. Stochastics %K at 11.93% indicates the stock is a buying.
How much short interest is there in Digital Ally Inc?
A steep rise in short interest was recorded in Digital Ally Inc stocks on 2024-12-13, dropping by 29626.0 shares to a total of 0.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.3 million shares. There was a decline of -10.89%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 10, 2015 when ROTH Capital resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $16.
