DDD Technical Analysis - 3D SYSTEMS CORP

Technical Rating and Analysis

Taking everything into account, DDD scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DDD 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.

DDD is part of the Machinery industry. There are 130 other stocks in this industry. DDD outperforms 93% of them.

In the last month DDD has a been trading in the 2.59 - 3.80 range, which is quite wide. It is currently trading near the high of this range.

DDD has an average volume of 4760440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Looking at the yearly performance, DDD did better than 94% of all other stocks. However, this relatively good performance is mostly due to a recent big move.

DDD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DDD is lagging the market.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

3D SYSTEMS CORP / DDD Weekly stock chart

Setup Rating and Analysis

Although DDD has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.67

4.19

3 important support areas can be observed.

A support zone ranging from 3.08 to 3.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @2.87 from a horizontal line in the daily time frame.
A support zone ranging from 2.70 to 2.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

Resistance @4.15 from a trend line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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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 DDD is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for DDD is up.
ChartMill Relative Strength	94.17	POSITIVE	DDD has a high relative strength, it outperformed 94.17% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of DDD is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of DDD is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of DDD is above the rising SMA(200).
Relative Strength Index/RSI (14)	71.89	OVERBOUGHT	The high RSI value suggests DDD may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests DDD has a positive trend.
Stochastics (14,3)	66.9	NEUTRAL	The Stochastics value for DDD is a neutral value.
Average True Range in percent/ATR (20)	8.55	HIGH VOLATILITY	The high ATR as a percentage value for DDD suggests high volalility.
Average Directional Index/ADX (14)	52.29	POSITIVE	The high ADX value value for DDD suggests a strong trend.