DIA Technical Analysis - DIASORIN SPA

Technical Rating and Analysis

Taking everything into account, DIA scores 0 out of 10 in our technical rating. DIA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

88% of all other stocks performed better in the past year than DIA.

DIA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

DIA is an average performer in the Health Care Equipment & Supplies industry, it outperforms 45% of 60 stocks in the same industry.

In the last month DIA has a been trading in the 73.60 - 82.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of DIA is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

78.35

104.48

3 important resistance areas can be observed.

A resistance zone ranging from 86.88 to 86.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 89.42 to 91.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @103.45 from a horizontal line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for DIA.MI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for DIA.MI is down.
ChartMill Relative Strength	12.55	NEGATIVE	DIA.MI has a low relative strength, it was outperformed by 87.45% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of DIA.MI is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of DIA.MI is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of DIA.MI is below a declining SMA(200).
Relative Strength Index/RSI (14)	47.6	NEUTRAL	The RSI value for DIA.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.37	POSITIVE	The MACD value suggests DIA.MI has a positive trend.
Stochastics (14,3)	68.14	NEUTRAL	The Stochastics value for DIA.MI is a neutral value.
Average True Range in percent/ATR (20)	1.76	LOW VOLATILITY	The low ATR as a percentage value for DIA.MI suggests low volalility.
Average Directional Index/ADX (14)	30.6	POSITIVE	The high ADX value value for DIA.MI suggests a strong trend.