DUCOMMUN INC (DCO) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:DCO • US2641471097
Taking everything into account, DCO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DCO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that DCO is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by DCO over the past year are nicely spread over this period.
- DCO is part of the Aerospace & Defense industry. There are 72 other stocks in this industry. DCO outperforms 76% of them.
- DCO is currently trading near its 52 week high. This is a good sign, definitely because the S&P500 Index is trading in the lower area of its yearly range.
- DCO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
DCO 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 115.03. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for DCO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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86.92
We found 5 important support areas.
- A support zone ranging from 110.10 to 110.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 102.23 to 103.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @97.13 from a trend line in the weekly time frame.
- Support @93.50 from a trend line in the daily time frame.
- Support @87.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 115.03 to 115.23. 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 DCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DCO is up. |
| ChartMill Relative Strength | 92.7 | POSITIVE | DCO has a high relative strength, it outperformed 92.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.87 | NEUTRAL | The RSI value for DCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests DCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.39 | NEUTRAL | The Stochastics value for DCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for DCO suggests some volalility. |
| Average Directional Index/ADX (14) | 31.86 | POSITIVE | The high ADX value value for DCO 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 |
|---|---|---|---|
| 115.24 | 110.09 | 5.15 (4.47%) | 22.38% |
| An entry @115.24. This is a Buy Stop order right above the resistance zone. | An exit @110.09. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.15 points, which is 4.47%. | When investing 22.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of DCO. 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.
115.02
+1.67 (+1.47%)
DUCOMMUN INC / DCO FAQ
What is the ChartMill technical rating of DUCOMMUN INC (DCO) stock?
ChartMill assigns a technical rating of 10 / 10 to DCO.
What is the trend direction for DCO stock?
The current trend direction for DUCOMMUN INC (DCO) is Bullish.
What is the RSI signal for DCO stock?
DUCOMMUN INC (DCO) has an RSI value of 69.8697. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DUCOMMUN INC?
The short term momentum for DUCOMMUN INC (DCO) is positive.
What are the support and resistance levels for DUCOMMUN INC (DCO) stock?
DUCOMMUN INC (DCO) has a support level at 110.46 and a resistance level at 115.03. Check the full technical report for our detailed analysis of DCO support and resistance levels.