EASTERLY GOVERNMENT PROPERTI (DEA) Stock Technical Analysis
NYSE:DEA - New York Stock Exchange, Inc. - US27616P3010 - REIT - Currency: USD
We assign a technical rating of 2 out of 10 to DEA. Recently some decent action could be observed, but in the medium term time frame this is still negative. DEA was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, DEA is a bad performer in the overall market: 85% of all stocks are doing better.
DEA is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 79% are performing better than DEA.
DEA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DEA is lagging the market.
In the last month DEA has a been trading in the 19.82 - 22.29 range, which is quite wide. It is currently trading near the high of this range.
DEA has an average volume of 1257660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
DEA 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 21.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.61, a Stop Loss order could be placed below this zone.
More info and screens
19.77
37.64
2 important support areas can be observed.
- A support zone ranging from 21.10 to 21.61. 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 19.97 to 20.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 21.74 to 22.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.83 to 22.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.50 from a trend line in the daily time frame.
- Resistance @37.27 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 DEA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DEA is up. |
| ChartMill Relative Strength | 15.03 | NEGATIVE | DEA has a low relative strength, it was outperformed by 84.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DEA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DEA is below 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) | 52.37 | NEUTRAL | The RSI value for DEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests DEA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.06 | NEUTRAL | The Stochastics value for DEA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for DEA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for DEA suggests a weak or negative 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)
21.73
-0.29 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.32%
1 Week3.67%
2 Weeks2.69%
1 Month5.33%
3 Month-22.87%
6 Month-29.45%
12 Month-26.59%
2 Year-37.38%
3 Year-55.72%
5 Year-65.33%
10 Year-44.03%
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%2.69%
ATR Inc-35.47%
Range Today0.36
ADR(20)0.54
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.03
Mansfield-2.8
10 Day High22.29
10 Day Low20.63
20 Day High22.29
20 Day Low19.82
52 Week High36.31
52 Week Low19.33
CS1 End21.61
CR1 Start21.74
Volume & EV
DER(3)0.68%
DER(5)1.73%
Volume514.00K
Volume Incr-36.5%
Vol(5)448.28K
Vol(50)1.26M