DECB Technical Analysis - DECEUNINCK NV

Technical Rating and Analysis

Overall DECB gets a technical rating of 0 out of 10. DECB'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

89% of all other stocks performed better in the past year than DECB.

DECB is one of the lesser performing stocks in the Building Products industry. 63% of 20 stocks in the same industry do better.

DECB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month DECB has a been trading in the 2.01 - 2.26 range, which is quite wide. It is currently trading near the lows of this range.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

DECB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.02, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.99

2.31

We found 1 important support area.

A support zone ranging from 2.01 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

A resistance zone ranging from 2.03 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 2.19 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @2.29 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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 DECB.BR is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for DECB.BR is down.
ChartMill Relative Strength	11.46	NEGATIVE	DECB.BR has a low relative strength, it was outperformed by 88.54% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of DECB.BR is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of DECB.BR is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of DECB.BR is below a declining SMA(200).
Relative Strength Index/RSI (14)	41.27	NEUTRAL	The RSI value for DECB.BR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests DECB.BR has a negative trend, although the MACD value is rising.
Stochastics (14,3)	5.92	OVERSOLD	The low Stochastics value suggests DECB.BR may be oversold.
Average True Range in percent/ATR (20)	2.13	MEDIUM VOLATILITY	The ATR as a percentage value for DECB.BR suggests some volalility.
Average Directional Index/ADX (14)	13.64	NEGATIVE	The low ADX value for DECB.BR suggests a weak or negative trend.