DIVERSIFIED ENERGY CO (DEC) Technical Analysis
NYSE:DEC • US25520W1071
Current stock price
DEC Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to DEC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DEC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that DEC is one of the better performing stocks in the market, outperforming 84% of all stocks.
- DEC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DEC is leading the market.
- In the last month DEC has a been trading in the 12.91 - 16.59 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- DEC is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 44% of 208 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DEC Weekly and Daily overview Charts
DEC Setup Rating and Analysis
Although DEC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DEC Support and Resistance Analysis
10.99
We found 5 important support areas.
- A support zone ranging from 16.10 to 16.19. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 14.23 to 14.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.57 to 13.64. 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 12.49 to 12.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.90 to 17.15. This zone is formed by a combination of multiple trend lines in the weekly time frame.
DEC 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 DEC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DEC is up. |
| ChartMill Relative Strength | 84.2 | POSITIVE | DEC has a high relative strength, it outperformed 84.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DEC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DEC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DEC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.58 | OVERBOUGHT | The high RSI value suggests DEC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests DEC has a positive trend. |
| Stochastics (14,3) | 91.06 | OVERBOUGHT | The high Stochastics value suggests DEC may be overbought. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for DEC suggests some volalility. |
| Average Directional Index/ADX (14) | 25.74 | POSITIVE | The high ADX value value for DEC suggests a strong trend. |
DEC Chart- and CandleStick Pattern Analysis
DEC Technicals: Chart, Performance Metrics, Trend & Indicators
16.2
+0.01 (+0.06%)
DIVERSIFIED ENERGY CO / DEC TA FAQ
What is the ChartMill technical rating of DIVERSIFIED ENERGY CO (DEC) stock?
ChartMill assigns a technical rating of 10 / 10 to DEC.
What is the current trend direction of DIVERSIFIED ENERGY CO (DEC) stock?
The current trend direction for DIVERSIFIED ENERGY CO (DEC) is Bullish.
What is the RSI signal for DEC stock?
DIVERSIFIED ENERGY CO (DEC) has an RSI value of 73.5762. This indicates that the stock is currently overbought.
What is the MACD signal for DIVERSIFIED ENERGY CO (DEC) stock?
The MACD indicator for DIVERSIFIED ENERGY CO (DEC) has a value of 0.172553, indicating a bearish trend.
What is the support and resistance level for DEC stock?
DIVERSIFIED ENERGY CO (DEC) has a support level at 16.19 and a resistance level at 16.9. Check the full technical report for our detailed analysis of DEC support and resistance levels.