DIME COMMUNITY BANCSHARES IN (DCOM) Technical Analysis
NYSE:DCOM • US25432X1028
Current stock price
DCOM Technical Rating and Analysis
Taking everything into account, DCOM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DCOM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 DCOM is one of the better performing stocks in the market, outperforming 76% of all stocks.
- DCOM is part of the Banks industry. There are 376 other stocks in this industry. DCOM outperforms 78% of them.
- DCOM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DCOM is lagging the market slightly.
- In the last month DCOM has a been trading in the 34.11 - 37.75 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DCOM Weekly and Daily overview Charts
DCOM Setup Rating and Analysis
Besides having an excellent technical rating, DCOM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
DCOM Support and Resistance Analysis
28.95
4 important support areas can be observed.
- Support @34.80 from a trend line in the daily time frame.
- A support zone ranging from 33.95 to 34.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.76 to 31.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.24 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 36.17 to 36.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 37.09 to 37.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
DCOM Technical Indicator Signal Analysis
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 DCOM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DCOM is up. |
| ChartMill Relative Strength | 76.97 | POSITIVE | DCOM has a high relative strength, it outperformed 76.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DCOM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DCOM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DCOM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.72 | NEUTRAL | The RSI value for DCOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests DCOM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.54 | NEUTRAL | The Stochastics value for DCOM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for DCOM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.09 | NEUTRAL | The ADX value for DCOM suggests a possible start of a new trend. |
DCOM Chart- and CandleStick Pattern Analysis
DCOM Example Setup
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 |
|---|---|---|---|
| 36.37 | 34.79 | 1.58 (4.34%) | 23.02% |
| An entry @36.37. This is a Buy Stop order right above the resistance zone. | An exit @34.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.58 points, which is 4.34%. | When investing 23.02% 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 DCOM. 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.
DCOM Technicals: Chart, Performance Metrics, Trend & Indicators
36.07
+0.18 (+0.5%)
DIME COMMUNITY BANCSHARES IN / DCOM TA FAQ
What is the ChartMill technical rating of DIME COMMUNITY BANCSHARES IN (DCOM) stock?
ChartMill assigns a technical rating of 9 / 10 to DCOM.
What is the trend direction for DCOM stock?
The current trend direction for DIME COMMUNITY BANCSHARES IN (DCOM) is Bullish.
What is the RSI signal for DIME COMMUNITY BANCSHARES IN (DCOM) stock?
DIME COMMUNITY BANCSHARES IN (DCOM) has an RSI value of 54.7231. This indicates that the stock is currently neutral.
What is the short term momentum for DCOM stock?
The short term momentum for DIME COMMUNITY BANCSHARES IN (DCOM) is positive.
What is the buy/sell signal for DIME COMMUNITY BANCSHARES IN (DCOM) stock?
The buy/sell signal for DIME COMMUNITY BANCSHARES IN (DCOM) is buy as both the short term and long term trends are positive.