DHT HOLDINGS INC (DHT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DHT - MHY2065G1219 - Common Stock
Taking everything into account, DHT scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although DHT has an excellent technical rating, the quality of the presented setup is not ideal 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
10.60
We found 3 important support areas.
- Support @12.06 from a trend line in the weekly time frame.
- Support @11.83 from a trend line in the daily time frame.
- A support zone ranging from 10.71 to 10.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.68 to 12.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.74 to 13.74. 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 DHT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DHT is down. |
| ChartMill Relative Strength | 83.52 | POSITIVE | DHT has a high relative strength, it outperformed 83.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DHT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DHT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.95 | NEUTRAL | The RSI value for DHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DHT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.88 | OVERSOLD | The low Stochastics value suggests DHT may be oversold. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for DHT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.09 | NEGATIVE | The low ADX value for DHT suggests a weak or negative trend. |
12.44
-0.16 (-1.27%)
DHT HOLDINGS INC / DHT FAQ
Can you provide the ChartMill technical rating for DHT HOLDINGS INC?
ChartMill assigns a technical rating of 7 / 10 to DHT.
What is the trend direction for DHT stock?
The current trend direction for DHT HOLDINGS INC (DHT) is Bullish.
What is the RSI signal for DHT stock?
DHT HOLDINGS INC (DHT) has an RSI value of 37.9504. This indicates that the stock is currently neutral.
What is the buy/sell signal for DHT stock?
The buy/sell signal for DHT HOLDINGS INC (DHT) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for DHT HOLDINGS INC?
DHT HOLDINGS INC (DHT) has a support level at 12.06 and a resistance level at 12.68. Check the full technical report for our detailed analysis of DHT support and resistance levels.