DIVERSIFIED ENERGY CO PLC (DEC) Stock Technical Analysis
NYSE:DEC - New York Stock Exchange, Inc. - GB00BQHP5P93 - Common Stock - Currency: USD
Overall DEC gets a technical rating of 7 out of 10. DEC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
DEC has an excellent technical rating and also presents a decent setup pattern. 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 resistance zone just above the current price starting at 15.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.95, 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
10.79
When analyzing the support we can see 2 important areas.
- Support @11.18 from a horizontal line in the weekly time frame.
- Support @10.90 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.60 to 15.22. 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 | 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 | 68.15 | NEUTRAL | DEC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DEC is below 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) | 53.99 | NEUTRAL | The RSI value for DEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DEC has a negative trend. |
| Stochastics (14,3) | 64.88 | NEUTRAL | The Stochastics value for DEC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for DEC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.6 | NEUTRAL | The ADX value for DEC suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.25 | 14.55 | 0.70 (4.59%) | 21.79% |
| An entry @15.25. This is a Buy Stop order right above the resistance zone. | An exit @14.55. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.70 points, which is 4.59%. | For a 1.00% total portfolio risk, you can invest 21.79% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DEC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:DEC (7/1/2025, 11:19:52 AM)
14.52
-0.15 (-1.02%)