DIVERSIFIED ENERGY CO PLC (DEC) Stock Technical Analysis
NYSE:DEC - GB00BQHP5P93 - Common Stock
16.47 USD
-0.14 (-0.84%)
16.47 USD
0 (0%)
Taking everything into account, DEC scores 10 out of 10 in our technical rating. 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.
Looking at the yearly performance, DEC did better than 84% of all other stocks.
DEC is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 88% of 209 stocks in the same industry.
DEC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DEC is lagging the market slightly.
In the last month DEC has a been trading in the 14.35 - 16.86 range, which is quite wide. It is currently trading near the high of this range.
Although DEC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.07
17.32
3 important support areas can be observed.
- A support zone ranging from 15.00 to 15.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.28 to 14.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.18 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @17.15 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 | 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 | 84.24 | POSITIVE | DEC has a high relative strength, it outperformed 84.24% 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) | 65.5 | NEUTRAL | The RSI value for DEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests DEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.64 | OVERBOUGHT | The high Stochastics value suggests DEC may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for DEC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.87 | POSITIVE | The high ADX value value for DEC suggests a strong 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)
16.47
-0.14 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.84%
1 Week-0.78%
2 Weeks9.07%
1 Month15.17%
3 Month17.9%
6 Month23.74%
12 Month34.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.64%
ATR Inc-28.44%
Range Today0.24
ADR(20)0.37
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.24
Mansfield0.76
10 Day High16.86
10 Day Low14.96
20 Day High16.86
20 Day Low14.35
52 Week High17.7
52 Week Low10.08
CS1 End15.23
CR1 Start17.15
Volume & EV
DER(3)-2.19%
DER(5)-4.59%
Volume289.10K
Volume Incr7.73%
Vol(5)329.46K
Vol(50)374.72K