DIAMOND HILL INVESTMENT GRP (DHIL) Stock Technical Analysis
NASDAQ:DHIL • US25264R2076
Taking everything into account, DHIL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DHIL 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.
- DHIL is part of the Capital Markets industry. There are 238 other stocks in this industry. DHIL outperforms 88% of them.
- DHIL 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.
- When comparing the yearly performance of all stocks, we notice that DHIL is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month DHIL has a been trading in a tight range between 170.01 and 172.13.
DHIL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 171.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 170.97, 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.
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166.46
When analyzing the support we notice one important area.
- A support zone ranging from 168.14 to 170.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 171.36 to 171.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DHIL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DHIL is up. |
| ChartMill Relative Strength | 84.01 | POSITIVE | DHIL has a high relative strength, it outperformed 84.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DHIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DHIL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DHIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.51 | NEUTRAL | The RSI value for DHIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests DHIL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.98 | NEUTRAL | The Stochastics value for DHIL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for DHIL suggests low volalility. |
| Average Directional Index/ADX (14) | 51.84 | POSITIVE | The high ADX value value for DHIL suggests a strong trend. |
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 |
|---|---|---|---|
| 171.44 | 170.58 | 0.86 (0.50%) | 25.00% |
| An entry @171.44. This is a Buy Stop order right above the resistance zone. | An exit @170.58. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.86 points, which is 0.50%. | For a 0.13% total portfolio risk, you can invest 25.00% 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.
171.22
+0.12 (+0.07%)
DIAMOND HILL INVESTMENT GRP / DHIL FAQ
What is the technical rating for DHIL stock?
ChartMill assigns a technical rating of 9 / 10 to DHIL.
What is the current trend direction of DIAMOND HILL INVESTMENT GRP (DHIL) stock?
The current trend direction for DIAMOND HILL INVESTMENT GRP (DHIL) is Bullish.
Can you provide the RSI signal for DIAMOND HILL INVESTMENT GRP?
DIAMOND HILL INVESTMENT GRP (DHIL) has an RSI value of 69.5081. This indicates that the stock is currently neutral.
What is the short term momentum for DHIL stock?
The short term momentum for DIAMOND HILL INVESTMENT GRP (DHIL) is positive.
Can you provide the buy/sell signal for DIAMOND HILL INVESTMENT GRP?
The buy/sell signal for DIAMOND HILL INVESTMENT GRP (DHIL) is buy as both the short term and long term trends are positive.