DHT HOLDINGS INC (DHT) Stock Technical Analysis
NYSE:DHT - New York Stock Exchange, Inc. - MHY2065G1219 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to DHT. DHT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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 10.61 - 11.84 range, which is quite wide. It is currently trading near the high of this range.
DHT has an average volume of 1555420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, DHT outperforms 51% of them, which is more or less in line with the market.
DHT is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 58% of 208 stocks in the same industry.
DHT has an average technical rating and also the quality of the setup is only medium 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
8.91
12.61
We found 4 important support areas.
- A support zone ranging from 11.14 to 11.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.74 to 10.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.05 to 10.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- 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 | NEUTRAL | NEUTRAL | The long term trend for DHT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DHT is up. |
| ChartMill Relative Strength | 51.21 | 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) | 57.17 | NEUTRAL | The RSI value for DHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests DHT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.33 | OVERBOUGHT | The high Stochastics value suggests DHT may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for DHT suggests some volalility. |
| Average Directional Index/ADX (14) | 12.01 | 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)
11.53
-0.22 (-1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.87%
1 Week2.85%
2 Weeks3.69%
1 Month6.07%
3 Month4.06%
6 Month1.5%
12 Month5.59%
2 Year24.65%
3 Year47.63%
5 Year117.96%
10 Year61.26%
15 Year-75.17%
Volatility
ATR(14)0.27
ATR(20)%2.16%
ATR Inc43.62%
Range Today0.28
ADR(20)0.23
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.21
Mansfield-0.12
10 Day High11.84
10 Day Low10.89
20 Day High11.84
20 Day Low10.61
52 Week High12.32
52 Week Low8.67
CS1 End11.3
CR1 Start11.85
Volume & EV
DER(3)-3.42%
DER(5)-2.42%
Volume1.21M
Volume Incr3.81%
Vol(5)1.23M
Vol(50)1.56M