DISCOVER FINANCIAL SERVICES (DFS) Technical Analysis
NYSE:DFS • US2547091080
Current stock price
DFS Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to DFS. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, DFS did better than 92% of all other stocks. On top of that, DFS also shows a nice and consistent pattern of rising prices.
- DFS is part of the Consumer Finance industry. There are 54 other stocks in this industry. DFS outperforms 94% of them.
- DFS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DFS is leading the market.
- In the last month DFS has a been trading in the 161.63 - 207.42 range, which is quite wide. It is currently trading near the high of this range.
- DFS has an average volume of 3112160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
DFS Weekly and Daily overview Charts
DFS Setup Rating and Analysis
DFS has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
DFS Support and Resistance Analysis
141.69
3 important support areas can be observed.
- 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.
DFS 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 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. |
DFS Chart- and CandleStick Pattern Analysis
DFS Example Setup
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 worst case loss on the trade is limited to 17.54 points, which is 8.59%. | For a 1.00% total portfolio risk, you can invest 11.64% of your capital in this trade. |
- 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.
DFS Technicals: Chart, Performance Metrics, Trend & Indicators
200.05
-0.43 (-0.21%)
DISCOVER FINANCIAL SERVICES / DFS TA FAQ
Can you provide the ChartMill technical rating for DISCOVER FINANCIAL SERVICES?
ChartMill assigns a technical rating of 10 / 10 to DFS.
What is the current trend direction of DISCOVER FINANCIAL SERVICES (DFS) stock?
The current trend direction for DISCOVER FINANCIAL SERVICES (DFS) is Bullish.
Can you provide the RSI signal for DISCOVER FINANCIAL SERVICES?
DISCOVER FINANCIAL SERVICES (DFS) has an RSI value of 65.0825. This indicates that the stock is currently neutral.
What is the buy/sell signal for DFS stock?
The buy/sell signal for DISCOVER FINANCIAL SERVICES (DFS) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for DISCOVER FINANCIAL SERVICES?
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.