DISCOVER FINANCIAL SERVICES (DFS)

US2547091080 - Common Stock

142.29  +0.67 (+0.47%)

After market: 142.29 0 (0%)

Technical Rating and Analysis

10

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.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DFS did better than 86% of all other stocks.
DFS is one of the better performing stocks in the Consumer Finance industry, it outperforms 72% of 52 stocks in the same industry.
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.
DFS 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.
DFS has an average volume of 1381700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
DFS Weekly chart
DFS Daily chart
Setup Rating and Analysis

6

DFS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 140.85, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

118.21

144.33

We found 3 important support areas.

  • A support zone ranging from 140.83 to 140.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 128.84 to 130.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 119.40 to 124.42. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 142.30 to 142.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.32
Mansfield1.65
10 Day High147.61
10 Day Low133.37
20 Day High147.61
20 Day Low124.62
52 Week High147.61
52 Week Low79.04
Performance
1 Week0.37%
2 Weeks8.39%
1 Month15%
3 Month11.43%
6 Month33.08%
12 Month35.94%
2 Year40.88%
3 Year14.45%
5 Year58.56%
10 Year133.03%
15 Year1097.73%
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)
Technical Indicators
MACD(12,26,9)0.37
RSI(14)68.84
LBB128.09
UBB147.7
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.

ENTRYEXITDISTANCECAPITAL
142.91140.822.09 (1.46%)25.00%
An entry @142.91. This is a Buy Stop order right above the resistance zone.An exit @140.82. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.09 points, which is 1.46%.For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of DFS. 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.
DFS Daily chart

DISCOVER FINANCIAL SERVICES

NYSE:DFS (7/26/2024, 7:24:55 PM)

After market: 142.29 0 (0%)

142.29

+0.67 (+0.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.47%
1 Week0.37%
2 Weeks8.39%
1 Month15%
3 Month11.43%
6 Month33.08%
12 Month35.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.61
ATR(20)%2.54%
ATR Inc
Range Today1.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High147.61
10 Day Low133.37
20 Day High147.61
20 Day Low124.62
52 Week High147.61
52 Week Low79.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume829.00K
Volume Incr-14%
Vol(5)1.33M
Vol(50)1.38M