3D SYSTEMS CORP (DDD) Stock Technical Analysis
NYSE:DDD • US88554D2053
We assign a technical rating of 0 out of 10 to DDD. DDD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 87% of all other stocks performed better in the past year than DDD.
- DDD is one of the lesser performing stocks in the Machinery industry. 81% of 130 stocks in the same industry do better.
- DDD 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.
- In the last month DDD has a been trading in the 1.93 - 2.36 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- DDD has an average volume of 3660300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
DDD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.10. Right above this resistance zone may be a good entry point.
More info and screens
1.75
3 important support areas can be observed.
- Support @1.89 from a trend line in the daily time frame.
- Support @1.82 from a horizontal line in the weekly time frame.
- Support @1.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.10 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.46 from a trend line in the daily time frame.
- Resistance @2.52 from a trend 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 DDD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DDD is down. |
| ChartMill Relative Strength | 13.18 | NEGATIVE | DDD has a low relative strength, it was outperformed by 86.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DDD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DDD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DDD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.71 | NEUTRAL | The RSI value for DDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DDD has a negative trend. |
| Stochastics (14,3) | 13.45 | OVERSOLD | The low Stochastics value suggests DDD may be oversold. |
| Average True Range in percent/ATR (20) | 7.15 | HIGH VOLATILITY | The high ATR as a percentage value for DDD suggests high volalility. |
| Average Directional Index/ADX (14) | 13.21 | NEGATIVE | The low ADX value for DDD suggests a weak or negative trend. |
1.93
-0.09 (-4.46%)
3D SYSTEMS CORP / DDD FAQ
Can you provide the ChartMill technical rating for 3D SYSTEMS CORP?
ChartMill assigns a technical rating of 0 / 10 to DDD.
What is the trend direction for DDD stock?
The current trend direction for 3D SYSTEMS CORP (DDD) is Bearish.
Can you provide the RSI signal for 3D SYSTEMS CORP?
3D SYSTEMS CORP (DDD) has an RSI value of 38.7108. This indicates that the stock is currently neutral.
What is the short term momentum for 3D SYSTEMS CORP (DDD) stock?
The short term momentum for 3D SYSTEMS CORP (DDD) is negative.
Can you provide the buy/sell signal for 3D SYSTEMS CORP?
The buy/sell signal for 3D SYSTEMS CORP (DDD) is sell as both the short term and long term trends are negative.