DIVERSIFIED ENERGY CO (DEC) Stock Technical Analysis
NYSE:DEC • US25520W1071
Overall DEC gets a technical rating of 1 out of 10. DEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, DEC is a bad performer in the overall market: 77% of all stocks are doing better.
- DEC is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 80% are performing better than DEC.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- DEC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DEC is lagging the market.
- In the last month DEC has a been trading in the 12.53 - 14.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DEC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 12.66, 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
10.99
2 important support areas can be observed.
- A support zone ranging from 12.43 to 12.66. 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.
5 important resistance areas can be observed.
- A resistance zone ranging from 13.13 to 13.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.23 to 15.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.74 from a horizontal line in the daily time frame.
- Resistance @16.15 from a trend line in the weekly time frame.
- Resistance @16.90 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 | NEUTRAL | NEUTRAL | The long term trend for DEC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DEC is neutral. |
| ChartMill Relative Strength | 23.5 | NEGATIVE | DEC has a low relative strength, it was outperformed by 76.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DEC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DEC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DEC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.54 | NEUTRAL | The RSI value for DEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.97 | NEUTRAL | The Stochastics value for DEC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for DEC suggests some volalility. |
| Average Directional Index/ADX (14) | 9.81 | NEGATIVE | The low ADX value for DEC suggests a weak or negative trend. |
13.06
-0.07 (-0.53%)
DIVERSIFIED ENERGY CO / DEC FAQ
What is the ChartMill technical rating of DIVERSIFIED ENERGY CO (DEC) stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for DEC stock?
DIVERSIFIED ENERGY CO (DEC) has an RSI value of 45.5359. This indicates that the stock is currently neutral.
What is the MACD signal for DIVERSIFIED ENERGY CO (DEC) stock?
The MACD indicator for DIVERSIFIED ENERGY CO (DEC) has a value of 0.0241885, indicating a bearish trend.
What is the support and resistance level for DEC stock?
DIVERSIFIED ENERGY CO (DEC) has a support level at 12.66 and a resistance level at 13.13. Check the full technical report for our detailed analysis of DEC support and resistance levels.