DIAMOND HILL INVESTMENT GRP (DHIL) Stock Technical Analysis
NASDAQ:DHIL - Nasdaq - US25264R2076 - Common Stock - Currency: USD
Overall DHIL gets a technical rating of 0 out of 10. DHIL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DHIL is a bad performer in the overall market: 74% of all stocks are doing better.
DHIL is part of the Capital Markets industry. There are 232 other stocks in this industry, of which 63% are performing better than DHIL.
Warning: DHIL has an average volume of 18164 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month DHIL has a been trading in the 134.01 - 144.85 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DHIL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DHIL is lagging the market slightly.
Volume is considerably higher in the last couple of days.
DHIL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. 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
124.23
168.67
When analyzing the support we can see 2 important areas.
- A support zone ranging from 128.21 to 129.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @125.48 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 139.58 to 140.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 144.61 to 152.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 165.31 to 167.00. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for DHIL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DHIL is neutral. |
| ChartMill Relative Strength | 26.39 | NEGATIVE | DHIL has a low relative strength, it was outperformed by 73.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHIL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DHIL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DHIL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.68 | NEUTRAL | The RSI value for DHIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests DHIL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.32 | NEUTRAL | The Stochastics value for DHIL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for DHIL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.3 | NEGATIVE | The low ADX value for DHIL suggests a weak or negative trend. |
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)
139.2
+1.7 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.24%
1 Week-1.46%
2 Weeks-0.06%
1 Month-0.29%
3 Month-8.74%
6 Month-14.78%
12 Month-6.55%
2 Year-18.74%
3 Year-19.83%
5 Year22.46%
10 Year-30.28%
15 Year145.55%
Volatility
ATR(14)3.16
ATR(20)%2.08%
ATR Inc46.41%
Range Today2.36
ADR(20)2.39
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.39
Mansfield-1.14
10 Day High144.68
10 Day Low134.01
20 Day High144.85
20 Day Low134.01
52 Week High173.25
52 Week Low122.32
CS1 End129.17
CR1 Start139.58
Volume & EV
DER(3)2.3%
DER(5)2.62%
Volume146.20K
Volume Incr261.95%
Vol(5)50.22K
Vol(50)18.16K