DIVERSIFIED ENERGY CO (DEC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DEC - US25520W1071 - Common Stock
We assign a technical rating of 1 out of 10 to DEC. DEC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of DEC is bad and it also does not present a quality setup 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
When analyzing the support we can see 3 important areas.
- Support @13.26 from a trend line in the weekly time frame.
- A support zone ranging from 12.48 to 12.61. 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.
6 important resistance areas can be observed.
- Resistance @13.31 from a trend line in the daily time frame.
- A resistance zone ranging from 14.11 to 14.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.81 to 14.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.58 to 15.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.27 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 | DOWN | NEGATIVE | The short term trend for DEC is down. |
| ChartMill Relative Strength | 20.83 | NEGATIVE | DEC has a low relative strength, it was outperformed by 79.17% 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) | UP | MIXED | The current price of DEC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DEC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.74 | NEUTRAL | The RSI value for DEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DEC has a negative trend. |
| Stochastics (14,3) | 22.48 | NEUTRAL | The Stochastics value for DEC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for DEC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.41 | NEGATIVE | The low ADX value for DEC suggests a weak or negative trend. |
13.3
-0.85 (-6.01%)
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 39.739. 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 -0.0892275, indicating a bearish trend.
What is the support and resistance level for DEC stock?
DIVERSIFIED ENERGY CO (DEC) has a support level at 13.26 and a resistance level at 13.31. Check the full technical report for our detailed analysis of DEC support and resistance levels.