DAYFORCE INC (DAY) Stock Technical Analysis
NYSE:DAY - New York Stock Exchange, Inc. - US15677J1088 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to DAY. DAY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
DAY 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 DAY has a been trading in the 54.36 - 61.14 range, which is quite wide. It is currently trading near the lows of this range.
DAY has an average volume of 2049520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DAY outperforms 48% of them, which is more or less in line with the market.
DAY is part of the Professional Services industry. There are 81 other stocks in this industry, DAY did better than 55% of them.
DAY has a poor technical rating and the quality of the setup is also not perfect 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
50.97
61.27
We found 2 important support areas.
- Support @54.44 from a horizontal line in the daily time frame.
- A support zone ranging from 51.48 to 52.09. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 55.53 to 56.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 57.57 to 58.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 60.20 to 60.66. 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 | DOWN | NEGATIVE | The long term trend for DAY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DAY is down. |
| ChartMill Relative Strength | 48.04 | NEUTRAL | DAY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DAY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DAY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.1 | NEUTRAL | The RSI value for DAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests DAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.33 | NEUTRAL | The Stochastics value for DAY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for DAY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.56 | NEGATIVE | The low ADX value for DAY 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)
55.5
-0.96 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.7%
1 Week0.91%
2 Weeks-2.41%
1 Month-5.84%
3 Month7.79%
6 Month-23.47%
12 Month9.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.66
ATR(20)%2.92%
ATR Inc21.71%
Range Today2.12
ADR(20)1.51
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.04
Mansfield-1.73
10 Day High58.22
10 Day Low54.36
20 Day High61.14
20 Day Low54.36
52 Week High82.69
52 Week Low47.08
CS1 End52.04
CR1 Start57.7
Volume & EV
DER(3)4.16%
DER(5)2.8%
Volume1.26M
Volume Incr11.95%
Vol(5)2.39M
Vol(50)2.05M