Mercedes-Benz AG (DAI.DE) Stock Technical Analysis
FRA:DAI - DE0007100000
70.54
+2.98 (+4.41%)
Overall DAI gets a technical rating of 7 out of 10. DAI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
When comparing the yearly performance of all stocks, we notice that DAI is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by DAI over the past year are nicely spread over this period.
DAI is one of the better performing stocks in the Automobiles industry, it outperforms 93% of 31 stocks in the same industry.
DAI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DAI is lagging the market slightly.
DAI has an average volume of 3359830 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!
In the last month DAI has a been trading in the 66.73 - 75.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, DAI also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 67.73, a Stop Loss order could be placed below this zone.
More info and screens
66.63
77.74
When analyzing the support we notice one important area.
- A support zone ranging from 67.30 to 67.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @74.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 75.79 to 76.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for DAI.DE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DAI.DE is neutral. |
| ChartMill Relative Strength | 86.69 | POSITIVE | DAI.DE has a high relative strength, it outperformed 86.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAI.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DAI.DE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAI.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.09 | NEUTRAL | The RSI value for DAI.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests DAI.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.59 | NEUTRAL | The Stochastics value for DAI.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for DAI.DE suggests some volalility. |
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)
FRA:DAI (2/9/2022, 7:00:00 PM)
70.54
+2.98 (+4.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg4.41%
1 Week1.64%
2 Weeks0.04%
1 Month-3.92%
3 Month-4.53%
6 Month14.44%
12 Month39.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.24
ATR(20)%3.07%
ATR Inc31.4%
Range Today2.69
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
CRS86.69
Mansfield0.51
10 Day High71.78
10 Day Low66.73
20 Day High75.65
20 Day Low66.73
52 Week High77.63
52 Week Low50.34
CS1 End67.73
CR1 Start74.25
Volume & EV
DER(3)-0.2%
DER(5)-0.21%
Volume4.48M
Volume Incr7.05%
Vol(5)3.23M
Vol(50)3.36M