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DISH NETWORK CORP-A (DISH) Stock Technical Analysis

USA - NASDAQ:DISH - US25470M1099 - Common Stock

5.77 USD
+0.11 (+1.94%)
Last: 12/29/2023, 8:00:01 PM
5.73 USD
-0.04 (-0.69%)
After Hours: 12/29/2023, 8:00:01 PM
Technical Rating and Analysis

4

Taking everything into account, DISH scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DISH was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, DISH is a bad performer in the overall market: 90% of all stocks are doing better.
DISH 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 DISH is lagging the market.
In the last month DISH has a been trading in the 3.58 - 5.96 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DISH has an average volume of 10951300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
DISH is an average performer in the Media industry, it outperforms 43% of 96 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
DISH NETWORK CORP-A / DISH Weekly stock chart
DISH NETWORK CORP-A / DISH Daily stock chart
Setup Rating and Analysis

1

DISH has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

5.71

7.35

We can see 2 important resistance areas.

  • A resistance zone ranging from 5.78 to 5.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @7.28 from a trend line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for DISH is down.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for DISH is up.
ChartMill Relative Strength10.28NEGATIVEDISH has a low relative strength, it was outperformed by 89.72% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of DISH is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DISH is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of DISH is below a declining SMA(200).
Relative Strength Index/RSI (14)75.61OVERBOUGHTThe high RSI value suggests DISH may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.13POSITIVEThe MACD value suggests DISH has a positive trend.
Stochastics (14,3)90.29OVERBOUGHTThe high Stochastics value suggests DISH may be overbought.
Average True Range in percent/ATR (20)5.29HIGH VOLATILITYThe high ATR as a percentage value for DISH suggests high volalility.
Average Directional Index/ADX (14)37.06POSITIVEThe high ADX value value for DISH suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
DISH NETWORK CORP-A / DISH Daily stock chart

DISH NETWORK CORP-A

NASDAQ:DISH (12/29/2023, 8:00:01 PM)

After market: 5.73 -0.04 (-0.69%)

5.77

+0.11 (+1.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryMedia
Performance
% Chg1.94%
1 Week18%
2 Weeks19.71%
1 Month57.65%
3 Month-1.54%
6 Month-12.44%
12 Month-58.9%
2 Year-82.21%
3 Year-82.16%
5 Year-76.89%
10 Year-90.04%
15 Year-47.97%
Volatility
ATR(14)0.32
ATR(20)%5.29%
ATR Inc48.16%
Range Today0.39
ADR(20)0.29
ADR(20)%5.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.28
3 months CRSN/A
6 months CRSN/A
Mansfield-3.42
10 Day High5.97
10 Day Low4.57
20 Day High5.97
20 Day Low3.58
52 Week High15.98
52 Week Low3.21
CS1 EndN/A
CR1 Start5.78
Volume & EV
DER(3)2.85%
DER(5)0.77%
Volume50.82M
Volume Incr149.65%
Vol(5)17.87M
Vol(50)10.95M

DISH NETWORK CORP-A / DISH FAQ

What is the technical rating for DISH stock?

ChartMill assigns a technical rating of 4 / 10 to DISH.


What is the current trend direction of DISH NETWORK CORP-A (DISH) stock?

The current trend direction for DISH NETWORK CORP-A (DISH) is Bearish.


Can you provide the RSI signal for DISH NETWORK CORP-A?

DISH NETWORK CORP-A (DISH) has an RSI value of 75.6078. This indicates that the stock is currently overbought.


What is the short term momentum for DISH NETWORK CORP-A (DISH) stock?

The short term momentum for DISH NETWORK CORP-A (DISH) is positive.


What are the support and resistance levels for DISH NETWORK CORP-A (DISH) stock?

DISH NETWORK CORP-A (DISH) has a resistance level at 5.78. Check the full technical report for our detailed analysis of DISH support and resistance levels.