DIAGEO PLC-SPONSORED ADR (DEO) Stock Technical Analysis
NYSE:DEO - US25243Q2057 - ADR
111.83 USD
-0.34 (-0.3%)
111.8 USD
-0.03 (-0.03%)
We assign a technical rating of 7 out of 10 to DEO. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DEO is a bad performer.
80% of all other stocks performed better in the past year than DEO.
Both the short term and long term trends are positive. This is a very positive sign.
DEO 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.
DEO has an average volume of 1279600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DEO is an average performer in the Beverages industry, it outperforms 50% of 33 stocks in the same industry.
DEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DEO is lagging the market.
Besides having an excellent technical rating, DEO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 110.64, a Stop Loss order could be placed below this zone.
More info and screens
96.49
122.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 110.52 to 110.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @99.86 from a horizontal line in the daily time frame.
- A support zone ranging from 97.46 to 97.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 113.05 to 115.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @121.53 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 | UP | POSITIVE | The long term trend for DEO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DEO is up. |
| ChartMill Relative Strength | 20.08 | NEGATIVE | DEO has a low relative strength, it was outperformed by 79.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DEO is above the rising 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) | 56.46 | NEUTRAL | The RSI value for DEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests DEO has a negative trend. |
| Stochastics (14,3) | 37.99 | NEUTRAL | The Stochastics value for DEO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for DEO suggests low volalility. |
| Average Directional Index/ADX (14) | 21.67 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 113.06 | 110.51 | 2.55 (2.26%) | 25.00% |
| An entry @113.06. This is a Buy Stop order right above the 10 day moving average. | An exit @110.51. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.55 points, which is 2.26%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- The distance between exit and entry is rather small compared to the average daily movement of DEO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
111.83
-0.34 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.3%
1 Week-3.03%
2 Weeks0.79%
1 Month14.74%
3 Month2.58%
6 Month2.77%
12 Month-14.48%
2 Year-32.49%
3 Year-36.6%
5 Year-16.79%
10 Year5.13%
15 Year70.73%
Volatility
ATR(14)1.73
ATR(20)%1.88%
ATR Inc-21.78%
Range Today1.36
ADR(20)1.55
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.08
Mansfield-1.21
10 Day High116.41
10 Day Low109.67
20 Day High116.41
20 Day Low96.45
52 Week High142.73
52 Week Low96.45
CS1 End110.64
CR1 Start113.05
Volume & EV
DER(3)2.13%
DER(5)2.54%
Volume937.90K
Volume Incr-45.47%
Vol(5)854.84K
Vol(50)1.28M