DISCOVER FINANCIAL SERVICES (DFS)
US2547091080 - Common Stock
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!
When comparing the yearly performance of all stocks, we notice that DFS is one of the better performing stocks in the market, outperforming 88% of all 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 51 other stocks in this industry. DFS outperforms 72% of them.
DFS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DFS has a been trading in the 126.19 - 145.25 range, which is quite wide. It is currently trading near the high of this range.
DFS has an average volume of 1161790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, DFS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 144.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 142.89, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
120.77
146.35
When analyzing the support we can see 4 important areas.
- Support @142.89 from a horizontal line in the daily time frame.
- A support zone ranging from 134.38 to 140.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 131.33 to 131.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 121.99 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 144.90 to 144.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.57
Mansfield0.72
10 Day High145.25
10 Day Low134.09
20 Day High145.25
20 Day Low126.19
52 Week High147.61
52 Week Low79.04
Performance
1 Week4.25%
2 Weeks5.32%
1 Month11.24%
3 Month9.04%
6 Month18.39%
12 Month60.12%
2 Year37.04%
3 Year26.32%
5 Year78.36%
10 Year124.44%
15 Year912.38%
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)0.45
RSI(14)58.4
LBB133.8
UBB145.81
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 |
|---|---|---|---|
| 144.91 | 142.88 | 2.03 (1.40%) | 25.00% |
| An entry @144.91. This is a Buy Stop order right above the resistance zone. | An exit @142.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.03 points, which is 1.40%. | For a 0.35% 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.
DISCOVER FINANCIAL SERVICES
NYSE:DFS (10/9/2024, 8:04:00 PM)
After market: 143.15 0 (0%)143.15
+1.06 (+0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg0.75%
1 Week4.25%
2 Weeks5.32%
1 Month11.24%
3 Month9.04%
6 Month18.39%
12 Month60.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.78
ATR(20)%2.78%
ATR Inc
Range Today2.34
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 High145.25
10 Day Low134.09
20 Day High145.25
20 Day Low126.19
52 Week High147.61
52 Week Low79.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.35M
Volume Incr-17.88%
Vol(5)1.06M
Vol(50)1.16M