DIOD Technical Analysis - DIODES INC

Technical Rating and Analysis

Overall DIOD gets a technical rating of 3 out of 10. DIOD was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.

When comparing the yearly performance of all stocks, DIOD is a bad performer in the overall market: 78% of all stocks are doing better.

DIOD is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 66% of 112 stocks in the same industry do better.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

In the last month DIOD has a been trading in the 51.22 - 56.58 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.

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

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

DIOD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

46.69

58.35

We found 3 important support areas.

Support @51.36 from a trend line in the daily time frame.
A support zone ranging from 48.72 to 48.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @47.16 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 53.26 to 53.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 54.78 to 55.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 57.11 to 57.77. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	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	22	NEGATIVE	DIOD has a low relative strength, it was outperformed by 78% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of DIOD is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of DIOD is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of DIOD is above a declining SMA(200).
Relative Strength Index/RSI (14)	47.36	NEUTRAL	The RSI value for DIOD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.19	NEGATIVE	The MACD value suggests DIOD has a negative trend.
Stochastics (14,3)	32.61	NEUTRAL	The Stochastics value for DIOD is a neutral value.
Average True Range in percent/ATR (20)	3.04	MEDIUM VOLATILITY	The ATR as a percentage value for DIOD suggests some volalility.
Average Directional Index/ADX (14)	12.18	NEGATIVE	The low ADX value for DIOD suggests a weak or negative trend.