DISCOVERY INC-C (DISCK) Stock Technical Analysis
NASDAQ:DISCK - Nasdaq - Common Stock
Overall DISCK gets a technical rating of 1 out of 10. DISCK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
79% of all other stocks performed better in the past year than DISCK.
DISCK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month DISCK has a been trading in the 22.51 - 27.67 range, which is quite wide. It is currently trading near the lows of this range.
DISCK has an average volume of 5602220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
DISCK is part of the Media industry. There are 97 other stocks in this industry, DISCK did better than 45% of them.
The technical rating of DISCK is bad and it also does not present a quality setup 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
21.46
30.70
3 important support areas can be observed.
- Support @23.53 from a trend line in the weekly time frame.
- Support @22.42 from a horizontal line in the weekly time frame.
- Support @21.68 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @24.49 from a trend line in the weekly time frame.
- A resistance zone ranging from 25.51 to 26.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.94 to 27.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.40 from a horizontal line in the daily time frame.
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 DISCK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DISCK is down. |
| ChartMill Relative Strength | 21.21 | NEGATIVE | DISCK has a low relative strength, it was outperformed by 78.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DISCK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DISCK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DISCK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.19 | NEUTRAL | The RSI value for DISCK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests DISCK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.42 | NEUTRAL | The Stochastics value for DISCK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for DISCK suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
24.42
+1.34 (+5.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg5.81%
1 Week-2.51%
2 Weeks-10.58%
1 Month1.88%
3 Month-16.77%
6 Month-2.16%
12 Month-31.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%4.8%
ATR Inc43.09%
Range Today1.72
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.21
Mansfield-1.08
10 Day High27.32
10 Day Low22.51
20 Day High27.67
20 Day Low22.51
52 Week High37.33
52 Week Low20.86
CS1 End23.53
CR1 Start24.49
Volume & EV
DER(3)0.32%
DER(5)0.36%
Volume9.22M
Volume Incr29.71%
Vol(5)6.32M
Vol(50)5.60M