DESIGNER BRANDS INC-CLASS A (DBI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DBI - US2505651081 - Common Stock
Overall DBI gets a technical rating of 8 out of 10. Both in the recent history as in the last year, DBI has proven to be a steady performer, scoring decent points in every aspect analyzed.
DBI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
3.08
3 important support areas can be observed.
- Support @8.16 from a trend line in the weekly time frame.
- A support zone ranging from 7.13 to 7.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @8.30 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for DBI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBI is up. |
| ChartMill Relative Strength | 96.96 | POSITIVE | DBI has a high relative strength, it outperformed 96.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DBI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.73 | NEUTRAL | The RSI value for DBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests DBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.97 | NEUTRAL | The Stochastics value for DBI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.6 | HIGH VOLATILITY | The high ATR as a percentage value for DBI suggests high volalility. |
| Average Directional Index/ADX (14) | 43.16 | POSITIVE | The high ADX value value for DBI suggests a strong trend. |
8.17
+0.19 (+2.38%)
DESIGNER BRANDS INC-CLASS A / DBI FAQ
What is the technical rating for DBI stock?
ChartMill assigns a technical rating of 8 / 10 to DBI.
What is the trend direction for DBI stock?
The current trend direction for DESIGNER BRANDS INC-CLASS A (DBI) is Bullish.
What is the RSI signal for DBI stock?
DESIGNER BRANDS INC-CLASS A (DBI) has an RSI value of 64.7278. This indicates that the stock is currently neutral.
What is the short term momentum for DBI stock?
The short term momentum for DESIGNER BRANDS INC-CLASS A (DBI) is positive.
What is the support and resistance level for DBI stock?
DESIGNER BRANDS INC-CLASS A (DBI) has a support level at 8.16 and a resistance level at 8.3. Check the full technical report for our detailed analysis of DBI support and resistance levels.