DIEBOLD NIXDORF INC (DBD) Stock Technical Analysis
NYSE:DBD - US2536512021 - Common Stock
61.11 USD
-1.29 (-2.07%)
61.11 USD
0 (0%)
We assign a technical rating of 10 out of 10 to DBD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DBD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DBD is one of the better performing stocks in the market, outperforming 86% of all stocks.
DBD is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry. DBD outperforms 77% of them.
DBD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
DBD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, DBD also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 58.69, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.92
63.73
When analyzing the support we can see 4 important areas.
- A support zone ranging from 57.17 to 58.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.98 to 53.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.81 from a trend line in the weekly time frame.
- Support @38.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.10 to 63.10. 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 DBD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBD is up. |
| ChartMill Relative Strength | 86.75 | POSITIVE | DBD has a high relative strength, it outperformed 86.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.13 | NEUTRAL | The RSI value for DBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DBD has a negative trend. |
| Stochastics (14,3) | 65.53 | NEUTRAL | The Stochastics value for DBD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for DBD suggests some volalility. |
| Average Directional Index/ADX (14) | 33.31 | POSITIVE | The high ADX value value for DBD 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 61.97 | 59.99 | 1.98 (3.20%) | 25.00% |
| An entry @61.97. This is a Buy Stop order right above the 10 day moving average. | An exit @59.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.98 points, which is 3.20%. | For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
61.11
-1.29 (-2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-2.07%
1 Week-3.14%
2 Weeks-1.31%
1 Month13.19%
3 Month26.86%
6 Month38.16%
12 Month36.35%
2 Year243.12%
3 Year2592.07%
5 Year908.42%
10 Year74.6%
15 Year124.26%
Volatility
ATR(14)1.31
ATR(20)%2.41%
ATR Inc24.33%
Range Today1.98
ADR(20)1.39
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.75
Mansfield1.79
10 Day High63.46
10 Day Low60
20 Day High63.46
20 Day Low54.27
52 Week High63.46
52 Week Low34.88
CS1 End58.69
CR1 Start63.1
Volume & EV
DER(3)0.91%
DER(5)2%
Volume143.80K
Volume Incr9.92%
Vol(5)220.22K
Vol(50)248.84K