AMCON DISTRIBUTING CO (DIT) Technical Analysis
NYSEARCA:DIT • US02341Q2057
Current stock price
DIT Technical Rating and Analysis
Overall DIT gets a technical rating of 6 out of 10. In the last year, DIT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- Warning: DIT has an average volume of 1138 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- DIT is one of the better performing stocks in the Distributors industry, it outperforms 81% of 23 stocks in the same industry.
- DIT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DIT is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that DIT is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month DIT has a been trading in the 84.83 - 95.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DIT Weekly and Daily overview Charts
DIT Setup Rating and Analysis
Although the technical rating is only medium, DIT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 88.24, a Stop Loss order could be placed below this zone.
More info and screens
DIT Support and Resistance Analysis
69.93
3 important support areas can be observed.
- A support zone ranging from 87.00 to 88.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @73.12 from a trend line in the weekly time frame.
- Support @70.64 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 95.59 to 95.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
DIT 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 | UP | POSITIVE | The long term trend for DIT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DIT is neutral. |
| ChartMill Relative Strength | 73.15 | POSITIVE | DIT has a high relative strength, it outperformed 73.15% 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) | UP | POSITIVE | The current price of DIT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DIT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.27 | NEUTRAL | The RSI value for DIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.83 | NEGATIVE | The MACD value suggests DIT has a negative trend. |
| Stochastics (14,3) | 29.28 | NEUTRAL | The Stochastics value for DIT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for DIT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.34 | NEGATIVE | The low ADX value for DIT suggests a weak or negative trend. |
DIT Chart- and CandleStick Pattern Analysis
DIT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 90.47 | 87.21 | 3.26 (3.60%) | 25.00% |
| An entry @90.47. This is a Buy Stop order right above the 10 day moving average. | An exit @87.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.26 points, which is 3.60%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DIT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DIT Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:DIT (5/1/2026, 8:21:57 PM)
88.95
+0.1 (+0.11%)
AMCON DISTRIBUTING CO / DIT TA FAQ
What is the ChartMill technical rating of AMCON DISTRIBUTING CO (DIT) stock?
ChartMill assigns a technical rating of 6 / 10 to DIT.
What is the current trend direction of AMCON DISTRIBUTING CO (DIT) stock?
The current trend direction for AMCON DISTRIBUTING CO (DIT) is Bullish.
What is the RSI signal for DIT stock?
AMCON DISTRIBUTING CO (DIT) has an RSI value of 52.2668. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for AMCON DISTRIBUTING CO?
AMCON DISTRIBUTING CO (DIT) has a support level at 88.24 and a resistance level at 95.59. Check the full technical report for our detailed analysis of DIT support and resistance levels.