DAYFORCE INC (DAY) Stock Technical Analysis
NYSE:DAY - US15677J1088 - Common Stock
69.2 USD
+0.2 (+0.29%)
68.81 USD
-0.39 (-0.56%)
Taking everything into account, DAY scores 8 out of 10 in our technical rating. DAY has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DAY is part of the Professional Services industry. There are 81 other stocks in this industry. DAY outperforms 88% of them.
In the last month DAY has a been trading in the 49.65 - 69.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DAY has an average volume of 2383460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that DAY is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
DAY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DAY is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DAY has an excellent technical rating, it does not offer a high 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
48.84
69.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 57.33 to 57.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.33 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 | NEUTRAL | NEUTRAL | The long term trend for DAY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DAY is up. |
| ChartMill Relative Strength | 81.21 | POSITIVE | DAY has a high relative strength, it outperformed 81.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DAY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.78 | OVERBOUGHT | The high RSI value suggests DAY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.92 | POSITIVE | The MACD value suggests DAY has a positive trend. |
| Stochastics (14,3) | 98.03 | OVERBOUGHT | The high Stochastics value suggests DAY may be overbought. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for DAY suggests some volalility. |
| Average Directional Index/ADX (14) | 32.24 | POSITIVE | The high ADX value value for DAY suggests a strong 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)
69.2
+0.2 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.29%
1 Week30.86%
2 Weeks35.24%
1 Month15.33%
3 Month20.92%
6 Month7.04%
12 Month21.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.05
ATR(20)%3.93%
ATR Inc-66.15%
Range Today0.55
ADR(20)2
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.21
Mansfield0
10 Day High69.4
10 Day Low49.65
20 Day High69.4
20 Day Low49.65
52 Week High82.69
52 Week Low48.01
CS1 End57.99
CR1 StartN/A
Volume & EV
DER(3)-1.88%
DER(5)-1.6%
Volume5.25M
Volume Incr320.43%
Vol(5)7.85M
Vol(50)2.38M