USA - NYSE:DCI - US2576511099 - Common Stock
We assign a technical rating of 9 out of 10 to DCI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DCI is showing a nice and steady performance.
Although DCI has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
68.92
When analyzing the support we can see 3 important areas.
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 | 80.69 | POSITIVE | DCI has a high relative strength, it outperformed 80.69% 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) | 73.23 | OVERBOUGHT | The high RSI value suggests DCI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests DCI has a positive trend. |
| Stochastics (14,3) | 81.19 | OVERBOUGHT | The high Stochastics value suggests DCI may be overbought. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for DCI suggests low volalility. |
| Average Directional Index/ADX (14) | 35.41 | POSITIVE | The high ADX value value for DCI suggests a strong trend. |
87.83
+0.97 (+1.12%)
ChartMill assigns a technical rating of 9 / 10 to DCI.
The current trend direction for DONALDSON CO INC (DCI) is Bullish.
DONALDSON CO INC (DCI) has an RSI value of 73.2267. This indicates that the stock is currently overbought.
The buy/sell signal for DONALDSON CO INC (DCI) is buy as both the short term and long term trends are positive.
DONALDSON CO INC (DCI) has a support level at 85.05. Check the full technical report for our detailed analysis of DCI support and resistance levels.