DHT HOLDINGS INC (DHT)
MHY2065G1219 - Common Stock
We assign a technical rating of 8 out of 10 to DHT. In the last year, DHT was one of the better performers, but we do observe some doubts in the very recent evolution.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DHT did better than 85% of all other stocks. On top of that, DHT also shows a nice and consistent pattern of rising prices.
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.
In the last month DHT has a been trading in the 11.02 - 11.96 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DHT has an average volume of 1472870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DHT is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 64% of 214 stocks in the same industry.
DHT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 11.53. 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. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.84
12.01
We found 5 important support 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 10.76 to 10.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.48 to 10.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.78 from a horizontal line in the weekly time frame.
- Support @8.93 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.53 to 11.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @11.89 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.53
Mansfield0.43
10 Day High11.58
10 Day Low11.02
20 Day High11.96
20 Day Low11.02
52 Week High11.96
52 Week Low7.6
Performance
1 Week0.79%
2 Weeks1.51%
1 Month-1.38%
3 Month7.94%
6 Month1.24%
12 Month35.15%
2 Year103.2%
3 Year93.56%
5 Year114.26%
10 Year46.22%
15 Year-77.4%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)52.33
LBB11.07
UBB11.61
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 |
|---|---|---|---|
| 11.66 | 11.20 | 0.46 (3.95%) | 25.00% |
| An entry @11.66. 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 worst case loss on the trade is limited to 0.46 points, which is 3.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- 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 HOLDINGS INC
NYSE:DHT (4/30/2024, 7:04:00 PM)
After market: 11.42 0 (0%)11.42
-0.08 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.7%
1 Week0.79%
2 Weeks1.51%
1 Month-1.38%
3 Month7.94%
6 Month1.24%
12 Month35.15%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%2.29%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.58
10 Day Low11.02
20 Day High11.96
20 Day Low11.02
52 Week High11.96
52 Week Low7.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.18M
Volume Incr-9.09%
Vol(5)1.18M
Vol(50)1.47M