AMCON DISTRIBUTING CO (DIT) Stock Technical Analysis
USA - NYSEARCA:DIT - US02341Q2057 - Common Stock
115 USD
-1 (-0.86%)
We assign a technical rating of 1 out of 10 to DIT. DIT'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, DIT is a bad performer in the overall market: 80% of all stocks are doing better.
Warning: DIT has an average volume of 359 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month DIT has a been trading in the 102.19 - 120.47 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
DIT is part of the Distributors industry. There are 22 other stocks in this industry, DIT did better than 66% of them.
DIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DIT is lagging the market.
Although the technical rating is bad, DIT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
105.93
125.27
3 important support areas can be observed.
- Support @111.50 from a horizontal line in the daily time frame.
- Support @109.02 from a horizontal line in the weekly time frame.
- Support @107.00 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 115.43 to 118.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 120.28 to 120.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @124.03 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 DIT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DIT is neutral. |
| ChartMill Relative Strength | 20.83 | NEGATIVE | DIT has a low relative strength, it was outperformed by 79.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DIT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DIT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.28 | NEUTRAL | The RSI value for DIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests DIT has a negative trend. |
| Stochastics (14,3) | 79.05 | NEUTRAL | The Stochastics value for DIT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for DIT suggests some volalility. |
| Average Directional Index/ADX (14) | 30.57 | POSITIVE | The high ADX value value for DIT 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)
NYSEARCA:DIT (10/9/2025, 9:05:37 PM)
115
-1 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-0.86%
1 Week0.88%
2 Weeks-1.88%
1 Month-2.79%
3 Month-0.43%
6 Month-1.75%
12 Month-15.5%
2 Year-41.33%
3 Year-38.5%
5 Year79.58%
10 Year36.9%
15 Year65.47%
Volatility
ATR(14)3.9
ATR(20)%3.51%
ATR Inc-60.71%
Range Today1.45
ADR(20)3.54
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.83
Mansfield-1.66
10 Day High119.68
10 Day Low102.19
20 Day High120.47
20 Day Low102.19
52 Week High163.75
52 Week Low94.92
CS1 End111.5
CR1 Start115.43
Volume & EV
DER(3)-4.44%
DER(5)-5.67%
Volume200
Volume Incr-47.76%
Vol(5)216.8
Vol(50)359.68