DIAGEO PLC-SPONSORED ADR (DEO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DEO - US25243Q2057 - ADR
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.
Although the technical rating is bad, DEO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 88.65, a Stop Loss order could be placed below this zone.
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84.55
2 important support areas can be observed.
- A support zone ranging from 88.19 to 88.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.40 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 96.54 to 98.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @106.13 from a trend line in the weekly time frame.
- Resistance @115.39 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 | 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 | 16.21 | NEGATIVE | DEO has a low relative strength, it was outperformed by 83.79% 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) | 46.25 | NEUTRAL | The RSI value for DEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests DEO has a positive trend. |
| Stochastics (14,3) | 43.88 | NEUTRAL | The Stochastics value for DEO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for DEO suggests some volalility. |
| Average Directional Index/ADX (14) | 10.64 | NEGATIVE | The low ADX value for DEO suggests a weak or negative trend. |
89.16
+0.77 (+0.87%)
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 46.2477. 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.