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Is DLPN positioned for a breakout? Bullish Engulfing shows up after advancing 3.92%

Dolphin Entertainment, Inc. (DLPN) — Nightly Technical Analysis · Aug 3, 2026, 20:03 ET
DLPN finished higher by 3.92% on Monday, August 3rd, trading 0.4 times its typical volume. Mixed technical signals appeared with Bullish Engulfing and Stochastic Buy Signal suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.02, 0.98 & 0.94, with resistance at 1.1, 1.14 & 1.18. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of DLPN: F

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Dolphin Digital Media Inc. (DLPN)