We assign a technical rating of 0 out of 10 to DIOD. DIOD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
DIOD has a poor technical rating and the quality of the setup is also not perfect 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
43.83
We found 1 important support area.
- A support zone ranging from 44.27 to 44.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @55.42 from a trend line in the weekly time frame.
- A resistance zone ranging from 57.47 to 57.76. 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 | DOWN | NEGATIVE | The long term trend for DIOD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DIOD is down. |
| ChartMill Relative Strength | 14.83 | NEGATIVE | DIOD has a low relative strength, it was outperformed by 85.17% 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 | NEGATIVE | The current price of DIOD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.6 | NEUTRAL | The RSI value for DIOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests DIOD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.7 | OVERSOLD | The low Stochastics value suggests DIOD may be oversold. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for DIOD suggests some volalility. |
| Average Directional Index/ADX (14) | 45.67 | POSITIVE | The high ADX value value for DIOD suggests a strong trend. |
44.74
+2.38 (+5.62%)
DIODES INC / DIOD FAQ
Can you provide the ChartMill technical rating for DIODES INC?
ChartMill assigns a technical rating of 0 / 10 to DIOD.
What is the current trend direction of DIODES INC (DIOD) stock?
The current trend direction for DIODES INC (DIOD) is Bearish.
What is the RSI signal for DIOD stock?
DIODES INC (DIOD) has an RSI value of 38.5976. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for DIODES INC?
The buy/sell signal for DIODES INC (DIOD) is sell as both the short term and long term trends are negative.
What is the support and resistance level for DIOD stock?
DIODES INC (DIOD) has a support level at 44.69 and a resistance level at 55.42. Check the full technical report for our detailed analysis of DIOD support and resistance levels.