Taking everything into account, DIOD scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, DIOD is a bad performer.
- 66% of all other stocks performed better in the past year than DIOD.
- DIOD is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 67% of 113 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- DIOD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month DIOD has a been trading in the 49.13 - 60.44 range, which is quite wide. It is currently trading near the high of this range.
DIOD has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
44.11
4 important support areas can be observed.
- A support zone ranging from 52.76 to 54.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.99 to 50.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.07 from a trend line in the weekly time frame.
- Support @44.56 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.32 to 59.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for DIOD is up. |
| ChartMill Relative Strength | 34.71 | NEUTRAL | DIOD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DIOD is above 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) | 67.97 | NEUTRAL | The RSI value for DIOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests DIOD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.26 | OVERBOUGHT | The high Stochastics value suggests DIOD may be overbought. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for DIOD suggests some volalility. |
| Average Directional Index/ADX (14) | 27.61 | POSITIVE | The high ADX value value for DIOD suggests a strong trend. |
58.31
-0.73 (-1.24%)
DIODES INC / DIOD FAQ
Can you provide the ChartMill technical rating for DIODES INC?
ChartMill assigns a technical rating of 7 / 10 to DIOD.
What is the trend direction for DIOD stock?
The current trend direction for DIODES INC (DIOD) is Bullish.
What is the RSI signal for DIOD stock?
DIODES INC (DIOD) has an RSI value of 67.9713. This indicates that the stock is currently neutral.
What is the MACD signal for DIOD stock?
The MACD indicator for DIODES INC (DIOD) has a value of 0.446309, indicating a bearish trend.
What is the buy/sell signal for DIOD stock?
The buy/sell signal for DIODES INC (DIOD) is buy as both the short term and long term trends are positive.