DIM Technical Analysis - SARTORIUS STEDIM BIOTECH

Technical Rating and Analysis

We assign a technical rating of 5 out of 10 to DIM. In the past year, DIM was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

DIM is part of the Life Sciences Tools & Services industry. There are 20 other stocks in this industry. DIM outperforms 73% of them.

In the last month DIM has a been trading in the 166.60 - 200.00 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

When compared to the yearly performance of all other stocks, DIM outperforms 42% of them, which is more or less in line with the market.

DIM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DIM is lagging the market.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SARTORIUS STEDIM BIOTECH / DIM Weekly stock chart

SARTORIUS STEDIM BIOTECH / DIM Daily stock chart

Setup Rating and Analysis

DIM has an average technical rating and it also does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

163.89

200.59

We found 3 important support areas.

A support zone ranging from 176.19 to 182.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 169.24 to 171.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @165.55 from a horizontal line in the daily time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for DIM.PA is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for DIM.PA is up.
ChartMill Relative Strength	42.79	NEUTRAL	DIM.PA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of DIM.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of DIM.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of DIM.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	69.07	NEUTRAL	The RSI value for DIM.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	1.81	POSITIVE	The MACD value suggests DIM.PA has a positive trend.
Stochastics (14,3)	90.6	OVERBOUGHT	The high Stochastics value suggests DIM.PA may be overbought.
Average True Range in percent/ATR (20)	2.96	MEDIUM VOLATILITY	The ATR as a percentage value for DIM.PA suggests some volalility.
Average Directional Index/ADX (14)	23.04	NEUTRAL	The ADX value for DIM.PA suggests a possible start of a new trend.