DALN Technical Analysis - DALLASNEWS CORP

Technical Rating and Analysis

Taking everything into account, DALN scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DALN is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!

DALN is part of the Media industry. There are 100 other stocks in this industry. DALN outperforms 98% of them.

DALN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month DALN has a been trading in the 14.22 - 16.52 range, which is quite wide. It is currently trading near the high of this range.

Looking at the yearly performance, DALN did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.

Volume is considerably higher in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

DALLASNEWS CORP / DALN Weekly stock chart

DALLASNEWS CORP / DALN Daily stock chart

Setup Rating and Analysis

Although DALN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

14.14

16.68

When analyzing the support we can see 2 important areas.

Support @16.01 from a trend line in the daily time frame.
A support zone ranging from 14.28 to 14.28. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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	UP	POSITIVE	The long term trend for DALN is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for DALN is up.
ChartMill Relative Strength	99.06	POSITIVE	DALN has a high relative strength, it outperformed 99.06% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of DALN is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of DALN is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of DALN is above the rising SMA(200).
Relative Strength Index/RSI (14)	71.28	OVERBOUGHT	The high RSI value suggests DALN may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.08	POSITIVE	The MACD value suggests DALN has a positive trend.
Stochastics (14,3)	91.85	OVERBOUGHT	The high Stochastics value suggests DALN may be overbought.
Average True Range in percent/ATR (20)	2.03	MEDIUM VOLATILITY	The ATR as a percentage value for DALN suggests some volalility.
Average Directional Index/ADX (14)	46.82	POSITIVE	The high ADX value value for DALN suggests a strong trend.