DONALDSON CO INC (DCI) Stock Technical Analysis
USA - NYSE:DCI - US2576511099 - Common Stock
Overall DCI gets a technical rating of 8 out of 10. Although DCI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DCI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 84.26. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- 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
68.92
2 important support areas can be observed.
- A support zone ranging from 79.83 to 81.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.62 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 84.26 to 84.26. 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 DCI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DCI is up. |
| ChartMill Relative Strength | 75.45 | POSITIVE | DCI has a high relative strength, it outperformed 75.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DCI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DCI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DCI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.09 | NEUTRAL | The RSI value for DCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DCI has a positive trend. |
| Stochastics (14,3) | 81.27 | OVERBOUGHT | The high Stochastics value suggests DCI may be overbought. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for DCI suggests low volalility. |
| Average Directional Index/ADX (14) | 32.96 | POSITIVE | The high ADX value value for DCI suggests a strong trend. |
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 |
|---|---|---|---|
| 84.27 | 82.14 | 2.13 (2.53%) | 25.00% |
| An entry @84.27. This is a Buy Stop order right above the resistance zone. | An exit @82.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.13 points, which is 2.53%. | For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DCI. Please evaluate whether better entry and exit points can be found.
- 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.
84.25
+0.56 (+0.67%)
DONALDSON CO INC / DCI FAQ
What is the technical rating for DCI stock?
ChartMill assigns a technical rating of 8 / 10 to DCI.
What is the current trend direction of DONALDSON CO INC (DCI) stock?
The current trend direction for DONALDSON CO INC (DCI) is Bullish.
Can you provide the RSI signal for DONALDSON CO INC?
DONALDSON CO INC (DCI) has an RSI value of 62.0887. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for DONALDSON CO INC?
The buy/sell signal for DONALDSON CO INC (DCI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for DCI stock?
DONALDSON CO INC (DCI) has a support level at 81.33 and a resistance level at 84.26. Check the full technical report for our detailed analysis of DCI support and resistance levels.