DISCOVER FINANCIAL SERVICES (DFS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DFS - US2547091080 - Common Stock
Taking everything into account, DFS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DFS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although DFS has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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141.69
We found 3 important support areas.
- Support @182.54 from a horizontal line in the daily time frame.
- A support zone ranging from 151.19 to 152.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @143.12 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 202.11 to 204.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DFS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DFS is up. |
| ChartMill Relative Strength | 92.74 | POSITIVE | DFS has a high relative strength, it outperformed 92.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DFS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DFS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DFS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.08 | NEUTRAL | The RSI value for DFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.1 | POSITIVE | The MACD value suggests DFS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.33 | NEUTRAL | The Stochastics value for DFS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for DFS suggests some volalility. |
| Average Directional Index/ADX (14) | 25.92 | POSITIVE | The high ADX value value for DFS suggests a strong trend. |
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 |
|---|---|---|---|
| 204.09 | 186.55 | 17.54 (8.59%) | 11.64% |
| An entry @204.09. This is a Buy Stop order right above the resistance zone. | An exit @186.55. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 17.54 points, which is 8.59%. | When investing 11.64% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
200.05
-0.43 (-0.21%)
DISCOVER FINANCIAL SERVICES / DFS FAQ
Can you provide the ChartMill technical rating for DISCOVER FINANCIAL SERVICES?
ChartMill assigns a technical rating of 10 / 10 to DFS.
Can you provide the trend direction for DISCOVER FINANCIAL SERVICES?
The current trend direction for DISCOVER FINANCIAL SERVICES (DFS) is Bullish.
What is the RSI signal for DFS stock?
DISCOVER FINANCIAL SERVICES (DFS) has an RSI value of 65.0825. This indicates that the stock is currently neutral.
What is the MACD signal for DISCOVER FINANCIAL SERVICES (DFS) stock?
The MACD indicator for DISCOVER FINANCIAL SERVICES (DFS) has a value of 1.09846, indicating a bullish trend.
What is the support and resistance level for DFS stock?
DISCOVER FINANCIAL SERVICES (DFS) has a support level at 182.54 and a resistance level at 202.11. Check the full technical report for our detailed analysis of DFS support and resistance levels.