DHT HOLDINGS INC (DHT) Stock Technical Analysis
USA - NYSE:DHT - MHY2065G1219 - Common Stock
Overall DHT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, DHT has proven to be a steady performer, scoring decent points in every aspect analyzed.
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
10.68
We found 4 important support areas.
- Support @12.85 from a horizontal line in the daily time frame.
- Support @11.85 from a trend line in the weekly time frame.
- Support @11.58 from a trend line in the daily time frame.
- Support @10.79 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.68 to 13.68. 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 | UP | POSITIVE | The short term trend for DHT is up. |
| ChartMill Relative Strength | 88.69 | POSITIVE | DHT has a high relative strength, it outperformed 88.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DHT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DHT is above 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) | 67.55 | NEUTRAL | The RSI value for DHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DHT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.35 | OVERBOUGHT | The high Stochastics value suggests DHT may be overbought. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for DHT suggests some volalility. |
| Average Directional Index/ADX (14) | 26.36 | POSITIVE | The high ADX value value for DHT suggests a strong trend. |
13.58
-0.09 (-0.66%)
DHT HOLDINGS INC / DHT FAQ
Can you provide the ChartMill technical rating for DHT HOLDINGS INC?
ChartMill assigns a technical rating of 10 / 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 67.551. 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 buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for DHT HOLDINGS INC?
DHT HOLDINGS INC (DHT) has a support level at 12.85 and a resistance level at 13.68. Check the full technical report for our detailed analysis of DHT support and resistance levels.