DHT HOLDINGS INC (DHT) Technical Analysis
NYSE:DHT • MHY2065G1219
Current stock price
DHT Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to DHT. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that DHT is one of the better performing stocks in the market, outperforming 94% of all stocks.
- DHT is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. DHT outperforms 75% of them.
- DHT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DHT is performing more or less in line with the market.
- DHT has an average volume of 4814020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month DHT has a been trading in the 16.65 - 20.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DHT Weekly and Daily overview Charts
DHT Setup Rating and Analysis
Besides having an excellent technical rating, DHT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 16.85, a Stop Loss order could be placed below this zone.
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DHT Support and Resistance Analysis
11.95
3 important support areas can be observed.
- A support zone ranging from 16.84 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.44 from a trend line in the weekly time frame.
- A support zone ranging from 12.07 to 12.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @18.31 from a trend line in the daily time frame.
DHT Technical Indicator Signal Analysis
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 | 94.05 | POSITIVE | DHT has a high relative strength, it outperformed 94.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DHT is above a declining 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) | 55.33 | 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) | 51.62 | NEUTRAL | The Stochastics value for DHT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for DHT suggests high volalility. |
| Average Directional Index/ADX (14) | 33.43 | POSITIVE | The high ADX value value for DHT suggests a strong trend. |
DHT Chart- and CandleStick Pattern Analysis
DHT Example Setup
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 |
|---|---|---|---|
| 18.32 | 16.83 | 1.49 (8.13%) | 12.30% |
| An entry @18.32. This is a Buy Stop order right above the resistance zone. | An exit @16.83. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.49 points, which is 8.13%. | For a 1.00% total portfolio risk, you can invest 12.30% 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.
DHT Technicals: Chart, Performance Metrics, Trend & Indicators
18.1
+0.28 (+1.57%)
DHT HOLDINGS INC / DHT TA FAQ
Can you provide the ChartMill technical rating for DHT HOLDINGS INC?
ChartMill assigns a technical rating of 9 / 10 to DHT.
Can you provide the trend direction for DHT HOLDINGS INC?
The current trend direction for DHT HOLDINGS INC (DHT) is Bullish.
Can you provide the RSI signal for DHT HOLDINGS INC?
DHT HOLDINGS INC (DHT) has an RSI value of 55.325. This indicates that the stock is currently neutral.
What is the buy/sell signal for DHT HOLDINGS INC (DHT) stock?
The buy/sell signal for DHT HOLDINGS INC (DHT) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for DHT HOLDINGS INC (DHT) stock?
DHT HOLDINGS INC (DHT) has a support level at 16.85 and a resistance level at 18.31. Check the full technical report for our detailed analysis of DHT support and resistance levels.