NASDAQ:DIOD • US2545431015
We assign a technical rating of 9 out of 10 to DIOD. Both in the recent history as in the last year, DIOD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although DIOD has an excellent technical rating, the quality of the presented setup is not ideal 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.
49.99
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
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 DIOD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DIOD is neutral. |
| ChartMill Relative Strength | 87.4 | POSITIVE | DIOD has a high relative strength, it outperformed 87.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DIOD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DIOD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DIOD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.11 | NEUTRAL | The RSI value for DIOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.18 | NEGATIVE | The MACD value suggests DIOD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.5 | NEUTRAL | The Stochastics value for DIOD is a neutral value. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for DIOD suggests high volalility. |
| Average Directional Index/ADX (14) | 28.38 | POSITIVE | The high ADX value value for DIOD suggests a strong trend. |
63.73
+0.72 (+1.14%)
ChartMill assigns a technical rating of 9 / 10 to DIOD.
The current trend direction for DIODES INC (DIOD) is Bullish.
DIODES INC (DIOD) has an RSI value of 48.1068. This indicates that the stock is currently neutral.
The MACD indicator for DIODES INC (DIOD) has a value of -1.18001, indicating a bearish trend.