DUPONT FABROS TECHNOLOGY INC (DFT) Stock Technical Analysis
NYSE:DFT - New York Stock Exchange, Inc. - US26613Q1067
We assign a technical rating of 10 out of 10 to DFT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DFT is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DFT is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, DFT also shows a nice and consistent pattern of rising prices.
DFT 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 DFT has a been trading in the 61.76 - 69.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although DFT has an excellent technical rating, it does not present a decent entry opportunity 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
47.47
66.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 63.69 to 64.53. 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 60.43 to 60.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.95 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @66.32 from a horizontal 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 DFT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DFT is up. |
| ChartMill Relative Strength | 88.11 | POSITIVE | DFT has a high relative strength, it outperformed 88.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DFT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DFT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DFT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.89 | NEUTRAL | The RSI value for DFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests DFT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.58 | NEUTRAL | The Stochastics value for DFT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for DFT suggests low volalility. |
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)
66.31
-1.57 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.31%
1 Week2.06%
2 Weeks3.97%
1 Month6.15%
3 Month4.77%
6 Month37.43%
12 Month55.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.19
ATR(20)%1.67%
ATR Inc93.14%
Range Today2.53
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.11
Mansfield2.12
10 Day High69.33
10 Day Low63.58
20 Day High69.33
20 Day Low61.76
52 Week High69.33
52 Week Low37.54
CS1 End64.53
CR1 Start66.32
Volume & EV
DER(3)-1.9%
DER(5)-1.08%
Volume4.40M
Volume Incr322.24%
Vol(5)1.84M
Vol(50)715.62K