DIEBOLD NIXDORF INC (DBD) Stock Technical Analysis
NYSE:DBD - New York Stock Exchange, Inc. - US2536512021 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to DBD. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month DBD has a been trading in the 53.93 - 60.36 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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. We also observe that the gains produced by DBD over the past year are nicely spread over this period.
DBD is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry. DBD outperforms 74% of them.
DBD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DBD is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
Although DBD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
37.92
60.82
When analyzing the support we can see 4 important areas.
- A support zone ranging from 53.39 to 53.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.73 from a trend line in the weekly time frame.
- Support @40.25 from a trend line in the weekly time frame.
- Support @38.30 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 59.90 to 60.22. 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 | DOWN | NEGATIVE | The short term trend for DBD is down. |
| ChartMill Relative Strength | 86.69 | POSITIVE | DBD has a high relative strength, it outperformed 86.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DBD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DBD is below 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) | 34.42 | NEUTRAL | The RSI value for DBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests DBD has a negative trend. |
| Stochastics (14,3) | 8.27 | OVERSOLD | The low Stochastics value suggests DBD may be oversold. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for DBD suggests some volalility. |
| Average Directional Index/ADX (14) | 36.24 | 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)
53.99
-2.3 (-4.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-4.09%
1 Week-6.25%
2 Weeks-8.49%
1 Month-8.49%
3 Month16.31%
6 Month24.72%
12 Month40.09%
2 Year203.14%
3 Year2278.41%
5 Year790.92%
10 Year54.26%
15 Year98.13%
Volatility
ATR(14)1.37
ATR(20)%2.38%
ATR Inc39.09%
Range Today2.12
ADR(20)1.26
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.69
Mansfield1.05
10 Day High59.74
10 Day Low53.93
20 Day High60.36
20 Day Low53.93
52 Week High60.36
52 Week Low34.38
CS1 End53.98
CR1 Start59.9
Volume & EV
DER(3)-2.22%
DER(5)-1.41%
Volume158.20K
Volume Incr-51.86%
Vol(5)143.84K
Vol(50)225.74K