DUPONT DE NEMOURS INC (DD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DD - US26614N1028 - Common Stock
Taking everything into account, DD scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DD was also a bad performer in the overall market in the last year.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, DD is a bad performer in the overall market: 94% of all stocks are doing better.
- DD is one of the lesser performing stocks in the Chemicals industry. 85% of 82 stocks in the same industry do better.
- DD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- DD 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.
- DD has an average volume of 5548970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 43.23. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
39.79
We found 2 important support areas.
- A support zone ranging from 41.72 to 42.08. 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 40.19 to 40.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 43.23 to 43.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @80.13 from a trend line in the weekly time frame.
- Resistance @83.25 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 | DOWN | NEGATIVE | The long term trend for DD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DD is neutral. |
| ChartMill Relative Strength | 6.16 | NEGATIVE | DD has a low relative strength, it was outperformed by 93.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.64 | NEUTRAL | The RSI value for DD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests DD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.88 | NEUTRAL | The Stochastics value for DD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for DD suggests low volalility. |
| Average Directional Index/ADX (14) | 22.39 | NEUTRAL | The ADX value for DD suggests a possible start of a new trend. |
42.86
-0.53 (-1.22%)
DUPONT DE NEMOURS INC / DD FAQ
What is the technical rating for DD stock?
ChartMill assigns a technical rating of 2 / 10 to DD.
Can you provide the trend direction for DUPONT DE NEMOURS INC?
The current trend direction for DUPONT DE NEMOURS INC (DD) is Bearish.
What is the RSI signal for DUPONT DE NEMOURS INC (DD) stock?
DUPONT DE NEMOURS INC (DD) has an RSI value of 50.6427. This indicates that the stock is currently neutral.
What is the short term momentum for DD stock?
The short term momentum for DUPONT DE NEMOURS INC (DD) is neutral.