DESIGNER BRANDS INC-CLASS A (DBI) Stock Technical Analysis
USA - NYSE:DBI - US2505651081 - Common Stock
We assign a technical rating of 4 out of 10 to DBI. In the past year, DBI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
DBI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.35, a Stop Loss order could be placed below this zone.
More info and screens
3.14
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.34 to 3.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.17 to 3.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 3.69 to 3.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.05 from a trend line in the weekly time frame.
- Resistance @4.24 from a trend line in the weekly time frame.
- Resistance @4.58 from a trend 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 DBI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DBI is neutral. |
| ChartMill Relative Strength | 59.45 | NEUTRAL | DBI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DBI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DBI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.02 | NEUTRAL | The RSI value for DBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DBI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.81 | NEUTRAL | The Stochastics value for DBI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for DBI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.47 | NEGATIVE | The low ADX value for DBI suggests a weak or negative trend. |
3.68
0 (0%)
DESIGNER BRANDS INC-CLASS A / DBI FAQ
What is the technical rating for DBI stock?
ChartMill assigns a technical rating of 4 / 10 to DBI.
Can you provide the trend direction for DESIGNER BRANDS INC-CLASS A?
The current trend direction for DESIGNER BRANDS INC-CLASS A (DBI) is Bearish.
What is the RSI signal for DBI stock?
DESIGNER BRANDS INC-CLASS A (DBI) has an RSI value of 52.0225. This indicates that the stock is currently neutral.
What is the short term momentum for DESIGNER BRANDS INC-CLASS A (DBI) stock?
The short term momentum for DESIGNER BRANDS INC-CLASS A (DBI) is neutral.