DISCOVERY INC-C (DISCK) Technical Analysis
NASDAQ:DISCK
Current stock price
DISCK Technical Rating and Analysis
Taking everything into account, DISCK scores 1 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, DISCK is a bad performer in the overall market: 79% of all stocks are doing better.
- DISCK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DISCK is lagging the market.
- 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 long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- DISCK is an average performer in the Media industry, it outperforms 54% of 91 stocks in the same industry.
DISCK Weekly and Daily overview Charts
DISCK Setup Rating and Analysis
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
DISCK Support and Resistance Analysis
21.46
We found 3 important support areas.
- 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.
When analyzing the resistance we notice 4 important 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.
DISCK 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 | 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. |
DISCK Chart- and CandleStick Pattern Analysis
DISCK Technicals: Chart, Performance Metrics, Trend & Indicators
24.42
+1.34 (+5.81%)
DISCOVERY INC-C / DISCK TA FAQ
What is the technical rating for DISCK stock?
ChartMill assigns a technical rating of 1 / 10 to DISCK.
What is the current trend direction of DISCOVERY INC-C (DISCK) stock?
The current trend direction for DISCOVERY INC-C (DISCK) is Bearish.
Can you provide the RSI signal for DISCOVERY INC-C?
DISCOVERY INC-C (DISCK) has an RSI value of 43.1923. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DISCOVERY INC-C?
The MACD indicator for DISCOVERY INC-C (DISCK) has a value of -0.187238, indicating a bearish trend.
Can you provide the short term momentum for DISCOVERY INC-C?
The short term momentum for DISCOVERY INC-C (DISCK) is negative.