DIAGEO PLC-SPONSORED ADR (DEO) Stock Technical Analysis
USA - NYSE:DEO - US25243Q2057 - ADR
96.23 USD
-0.64 (-0.66%)
96.33 USD
+0.1 (+0.1%)
We assign a technical rating of 1 out of 10 to DEO. DEO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
88% of all other stocks performed better in the past year than DEO.
DEO is one of the lesser performing stocks in the Beverages industry. 70% of 32 stocks in the same industry do better.
DEO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
DEO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
DEO has an average volume of 1303300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DEO has a been trading in a tight range between 94.19 and 99.58.
Although the technical rating is bad, DEO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
92.70
121.16
We found 2 important support areas.
- Support @96.04 from a trend line in the daily time frame.
- A support zone ranging from 93.64 to 94.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 96.28 to 98.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 110.46 to 112.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 114.19 to 115.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @119.96 from a trend 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 | DOWN | NEGATIVE | The long term trend for DEO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DEO is down. |
| ChartMill Relative Strength | 12.89 | NEGATIVE | DEO has a low relative strength, it was outperformed by 87.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DEO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DEO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.5 | NEUTRAL | The RSI value for DEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests DEO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.64 | NEUTRAL | The Stochastics value for DEO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for DEO suggests low volalility. |
| Average Directional Index/ADX (14) | 23.33 | NEUTRAL | The ADX value for DEO suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
96.23
-0.64 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.66%
1 Week-1.43%
2 Weeks0.57%
1 Month2.21%
3 Month-10.11%
6 Month-12.97%
12 Month-27.79%
2 Year-37.31%
3 Year-42.37%
5 Year-26.08%
10 Year-16.38%
15 Year30.04%
Volatility
ATR(14)1.5
ATR(20)%1.57%
ATR Inc-39.67%
Range Today0.78
ADR(20)1.3
ADR(20)%1.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.89
3 months CRS16.47
6 months CRS12.02
Mansfield-2.27
10 Day High99.58
10 Day Low94.19
20 Day High99.58
20 Day Low94.19
52 Week High134.23
52 Week Low93.42
CS1 End96.04
CR1 Start96.28
Volume & EV
DER(3)0.56%
DER(5)-0.38%
Volume980.60K
Volume Incr-22.6%
Vol(5)1.21M
Vol(50)1.30M
DIAGEO PLC-SPONSORED ADR / DEO FAQ
What is the technical rating for DEO stock?
ChartMill assigns a technical rating of 1 / 10 to DEO.
What is the trend direction for DEO stock?
The current trend direction for DIAGEO PLC-SPONSORED ADR (DEO) is Bearish.
Can you provide the RSI signal for DIAGEO PLC-SPONSORED ADR?
DIAGEO PLC-SPONSORED ADR (DEO) has an RSI value of 42.4985. This indicates that the stock is currently neutral.
What is the short term momentum for DEO stock?
The short term momentum for DIAGEO PLC-SPONSORED ADR (DEO) is negative.
What is the buy/sell signal for DIAGEO PLC-SPONSORED ADR (DEO) stock?
The buy/sell signal for DIAGEO PLC-SPONSORED ADR (DEO) is sell as both the short term and long term trends are negative.