DIVERSIFIED ENERGY CO PLC (DEC) Stock Technical Analysis
USA - NYSE:DEC - GB00BQHP5P93 - Common Stock
Taking everything into account, DEC scores 1 out of 10 in our technical rating. DEC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of DEC is bad and it also does not present a quality setup 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
11.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.48 to 12.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.18 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.57 to 13.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.90 to 17.00. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for DEC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DEC is neutral. |
| ChartMill Relative Strength | 44.35 | NEUTRAL | DEC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DEC is above 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) | 54.97 | 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. |
| Stochastics (14,3) | 46.98 | NEUTRAL | The Stochastics value for DEC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for DEC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.47 | POSITIVE | The high ADX value value for DEC suggests a strong trend. |
13.56
+0.92 (+7.28%)
DIVERSIFIED ENERGY CO PLC / DEC FAQ
What is the ChartMill technical rating of DIVERSIFIED ENERGY CO PLC (DEC) stock?
ChartMill assigns a technical rating of 1 / 10 to DEC.
Can you provide the trend direction for DIVERSIFIED ENERGY CO PLC?
The current trend direction for DIVERSIFIED ENERGY CO PLC (DEC) is Bearish.
What is the RSI signal for DEC stock?
DIVERSIFIED ENERGY CO PLC (DEC) has an RSI value of 54.9739. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for DIVERSIFIED ENERGY CO PLC?
DIVERSIFIED ENERGY CO PLC (DEC) has a support level at 12.89 and a resistance level at 13.57. Check the full technical report for our detailed analysis of DEC support and resistance levels.