DMC GLOBAL INC (BOOM) Stock Technical Analysis
NASDAQ:BOOM - US23291C1036 - Common Stock
6.93 USD
+0.31 (+4.68%)
6.93 USD
0 (0%)
We assign a technical rating of 0 out of 10 to BOOM. BOOM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BOOM is a bad performer in the overall market: 91% of all stocks are doing better.
BOOM is one of the lesser performing stocks in the Energy Equipment & Services industry. 75% of 61 stocks in the same industry do better.
BOOM 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.
In the last month BOOM has a been trading in the 5.78 - 8.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of BOOM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.86
9.15
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.94 to 7.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.06 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BOOM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOOM is down. |
| ChartMill Relative Strength | 9.98 | NEGATIVE | BOOM has a low relative strength, it was outperformed by 90.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOOM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOOM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.92 | NEUTRAL | The RSI value for BOOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests BOOM has a positive trend. |
| Stochastics (14,3) | 37.62 | NEUTRAL | The Stochastics value for BOOM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for BOOM suggests high volalility. |
| Average Directional Index/ADX (14) | 16.68 | NEGATIVE | The low ADX value for BOOM suggests a weak or negative trend. |
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)
6.93
+0.31 (+4.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg4.68%
1 Week11.24%
2 Weeks18.46%
1 Month-18.57%
3 Month1.76%
6 Month-17.89%
12 Month-41.76%
2 Year-71.15%
3 Year-68.95%
5 Year-80.44%
10 Year-38.83%
15 Year-49.16%
Volatility
ATR(14)0.49
ATR(20)%6.92%
ATR Inc-26.43%
Range Today0.42
ADR(20)0.43
ADR(20)%6.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.98
Mansfield-2.55
10 Day High7.04
10 Day Low6.03
20 Day High8.96
20 Day Low5.78
52 Week High13.77
52 Week Low5.78
CS1 EndN/A
CR1 Start6.94
Volume & EV
DER(3)-3.08%
DER(5)0.16%
Volume279.30K
Volume Incr11.53%
Vol(5)236.48K
Vol(50)187.45K