DHT HOLDINGS INC (DHT) Stock Technical Analysis
NYSE:DHT - MHY2065G1219 - Common Stock
11.72 USD
-0.01 (-0.09%)
11.72 USD
0 (0%)
Overall DHT gets a technical rating of 6 out of 10. Although DHT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
DHT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DHT is lagging the market slightly.
In the last month DHT has a been trading in the 10.70 - 11.94 range, which is quite wide. It is currently trading near the high of this range.
DHT has an average volume of 1314980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, DHT turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
DHT is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 57% of 210 stocks in the same industry.
Although the technical rating is only medium, DHT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.42, a Stop Loss order could be placed below this zone.
More info and screens
10.05
12.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.21 to 11.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- A support zone ranging from 10.15 to 10.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 11.85 to 11.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.16 to 12.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.49 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 DHT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DHT is up. |
| ChartMill Relative Strength | 49.87 | NEUTRAL | DHT is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of DHT is above a declining 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) | 58.63 | NEUTRAL | The RSI value for DHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests DHT has a positive trend. |
| Stochastics (14,3) | 89.2 | OVERBOUGHT | The high Stochastics value suggests DHT may be overbought. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for DHT suggests some volalility. |
| Average Directional Index/ADX (14) | 12.64 | NEGATIVE | The low ADX value for DHT 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)
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 |
|---|---|---|---|
| 11.91 | 11.20 | 0.71 (5.96%) | 16.77% |
| An entry @11.91. This is a Buy Stop order right above the resistance zone. | An exit @11.20. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.71 points, which is 5.96%. | For a 1.00% total portfolio risk, you can invest 16.77% 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.
11.72
-0.01 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.09%
1 Week0.77%
2 Weeks4.64%
1 Month4.74%
3 Month1.21%
6 Month13.35%
12 Month8.22%
2 Year26.7%
3 Year50.06%
5 Year121.55%
10 Year63.92%
15 Year-74.76%
Volatility
ATR(14)0.26
ATR(20)%2.63%
ATR Inc-10.47%
Range Today0.21
ADR(20)0.28
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.87
Mansfield-0.09
10 Day High11.8
10 Day Low10.7
20 Day High11.94
20 Day Low10.7
52 Week High12.32
52 Week Low8.67
CS1 End11.42
CR1 Start11.85
Volume & EV
DER(3)1.07%
DER(5)0.81%
Volume813.70K
Volume Incr-24.9%
Vol(5)1.03M
Vol(50)1.31M