DAYFORCE INC (DAY) Stock Technical Analysis
NYSE:DAY • US15677J1088
Taking everything into account, DAY scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DAY is only an average performer.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- DAY is part of the Professional Services industry. There are 88 other stocks in this industry. DAY outperforms 86% of them.
- DAY 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.
- DAY has an average volume of 3783540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, DAY turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- In the last month DAY has a been trading in a tight range between 68.89 and 69.86.
- Volume is considerably higher in the last couple of days.
DAY has an average technical rating and it also 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
50.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 68.11 to 69.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.49 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 69.87 to 69.87. 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 | UP | POSITIVE | The long term trend for DAY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DAY is neutral. |
| ChartMill Relative Strength | 54.01 | NEUTRAL | DAY is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of DAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.92 | NEUTRAL | The RSI value for DAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DAY has a positive trend. |
| Stochastics (14,3) | 51.21 | NEUTRAL | The Stochastics value for DAY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for DAY suggests low volalility. |
| Average Directional Index/ADX (14) | 18.87 | NEGATIVE | The low ADX value for DAY suggests a weak or negative trend. |
69.86
+0.94 (+1.36%)
DAYFORCE INC / DAY FAQ
Can you provide the ChartMill technical rating for DAYFORCE INC?
ChartMill assigns a technical rating of 6 / 10 to DAY.
Can you provide the trend direction for DAYFORCE INC?
The current trend direction for DAYFORCE INC (DAY) is Bullish.
What is the RSI signal for DAYFORCE INC (DAY) stock?
DAYFORCE INC (DAY) has an RSI value of 63.9221. This indicates that the stock is currently neutral.
What is the short term momentum for DAYFORCE INC (DAY) stock?
The short term momentum for DAYFORCE INC (DAY) is neutral.
What are the support and resistance levels for DAYFORCE INC (DAY) stock?
DAYFORCE INC (DAY) has a support level at 69.77 and a resistance level at 69.87. Check the full technical report for our detailed analysis of DAY support and resistance levels.