EASTERLY GOVERNMENT PROPERTI (DEA) Stock Technical Analysis
USA - NYSE:DEA - US27616P3010 - REIT
22.73 USD
-0.3 (-1.3%)
22.74 USD
+0.01 (+0.04%)
We assign a technical rating of 2 out of 10 to DEA. DEA 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 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, DEA is a bad performer in the overall market: 88% of all stocks are doing better.
DEA is one of the lesser performing stocks in the Diversified REITs industry. 81% of 130 stocks in the same industry do better.
DEA 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 DEA has a been trading in the 22.32 - 23.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, DEA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.69, a Stop Loss order could be placed below this zone. 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
21.72
23.89
2 important support areas can be observed.
- A support zone ranging from 22.39 to 22.69. 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 21.94 to 22.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.79 to 23.65. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for DEA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DEA is neutral. |
| ChartMill Relative Strength | 12.96 | NEGATIVE | DEA has a low relative strength, it was outperformed by 87.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DEA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DEA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DEA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.91 | NEUTRAL | The RSI value for DEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DEA has a negative trend. |
| Stochastics (14,3) | 36.58 | NEUTRAL | The Stochastics value for DEA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for DEA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.14 | NEUTRAL | The ADX value for DEA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
22.73
-0.3 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.3%
1 Week-2.11%
2 Weeks-2.36%
1 Month1.65%
3 Month2.16%
6 Month-13.98%
12 Month-32.4%
2 Year-20.45%
3 Year-42.35%
5 Year-59.43%
10 Year-43%
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%2.34%
ATR Inc-20.35%
Range Today0.42
ADR(20)0.51
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.96
Mansfield-2.11
10 Day High23.83
10 Day Low22.69
20 Day High23.83
20 Day Low22.33
52 Week High36.31
52 Week Low19.33
CS1 End22.69
CR1 Start22.79
Volume & EV
DER(3)-1.29%
DER(5)-1.38%
Volume427.70K
Volume Incr10.37%
Vol(5)595.50K
Vol(50)514.16K