DELHAIZE GROUP (DEG) Technical Analysis
NYSE:DEG
Current stock price
DEG Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to DEG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DEG 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, DEG did better than 81% of all other stocks. We also observe that the gains produced by DEG over the past year are nicely spread over this period.
- A new 52 week high is currently being made by DEG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- DEG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
DEG Weekly and Daily overview Charts
DEG Setup Rating and Analysis
DEG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
DEG Support and Resistance Analysis
24.31
3 important support areas can be observed.
- A support zone ranging from 26.45 to 27.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.72 to 25.89. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 24.56 to 25.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 28.12 to 28.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
DEG 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 | UP | POSITIVE | The long term trend for DEG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DEG is up. |
| ChartMill Relative Strength | 81.73 | POSITIVE | DEG has a high relative strength, it outperformed 81.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DEG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DEG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DEG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.02 | NEUTRAL | The RSI value for DEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests DEG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.28 | OVERBOUGHT | The high Stochastics value suggests DEG may be overbought. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for DEG suggests low volalility. |
DEG Chart- and CandleStick Pattern Analysis
DEG Technicals: Chart, Performance Metrics, Trend & Indicators
28.11
-0.02 (-0.07%)
DELHAIZE GROUP / DEG TA FAQ
What is the ChartMill technical rating of DELHAIZE GROUP (DEG) stock?
ChartMill assigns a technical rating of 10 / 10 to DEG.
What is the trend direction for DEG stock?
The current trend direction for DELHAIZE GROUP (DEG) is Bullish.
What is the RSI signal for DEG stock?
DELHAIZE GROUP (DEG) has an RSI value of 66.0215. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DELHAIZE GROUP?
The short term momentum for DELHAIZE GROUP (DEG) is positive.
What are the support and resistance levels for DELHAIZE GROUP (DEG) stock?
DELHAIZE GROUP (DEG) has a support level at 27.02 and a resistance level at 28.12. Check the full technical report for our detailed analysis of DEG support and resistance levels.