DISH NETWORK CORP-A (DISH) Stock Technical Analysis
NASDAQ:DISH - Nasdaq - US25470M1099 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to DISH. 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 one of the lesser performing stocks in the Media industry. 65% of 98 stocks in the same industry do better.
DISH 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 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
5.71
7.35
2 important resistance areas can be observed.
- 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.
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 DISH is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DISH is up. |
| ChartMill Relative Strength | 10.28 | NEGATIVE | DISH has a low relative strength, it was outperformed by 89.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DISH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DISH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DISH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.61 | OVERBOUGHT | The high RSI value suggests DISH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests DISH has a positive trend. |
| Stochastics (14,3) | 90.29 | OVERBOUGHT | The high Stochastics value suggests DISH may be overbought. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for DISH suggests high volalility. |
| Average Directional Index/ADX (14) | 37.06 | POSITIVE | The high ADX value value for DISH suggests a strong trend. |
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)
5.77
+0.11 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
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
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