AMCON DISTRIBUTING CO (DIT) Stock Technical Analysis
NYSEARCA:DIT - NYSE Arca - US02341Q2057 - Common Stock - Currency: USD
Overall DIT gets a technical rating of 1 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
80% of all other stocks performed better in the past year than DIT.
DIT 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 DIT is lagging the market.
Warning: DIT has an average volume of 224 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
DIT is part of the Distributors industry. There are 18 other stocks in this industry, DIT did better than 52% of them.
In the last month DIT has a been trading in the 99.87 - 120.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DIT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
110.53
150.93
When analyzing the support we notice one important area.
- Support @111.65 from a trend line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 114.77 to 115.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 118.74 to 119.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @121.68 from a trend line in the weekly time frame.
- A resistance zone ranging from 124.03 to 125.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @142.30 from a trend line in the daily time frame.
- Resistance @149.44 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 | DOWN | NEGATIVE | The long term trend for DIT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DIT is down. |
| ChartMill Relative Strength | 20.25 | NEGATIVE | DIT has a low relative strength, it was outperformed by 79.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DIT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DIT is below 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) | 45.44 | NEUTRAL | The RSI value for DIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests DIT has a negative trend. |
| Stochastics (14,3) | 30.07 | NEUTRAL | The Stochastics value for DIT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for DIT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.1 | NEUTRAL | The ADX value for DIT suggests a possible start of a new 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 (5/20/2025, 8:04:00 PM)
112.75
+0.91 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg0.81%
1 Week-3.22%
2 Weeks-4.04%
1 Month1.6%
3 Month-18.29%
6 Month-9.89%
12 Month-20.59%
2 Year-48.63%
3 Year-27.96%
5 Year103.63%
10 Year39.2%
15 Year132.24%
Volatility
ATR(14)3.43
ATR(20)%4.84%
ATR Inc-79.4%
Range Today1.86
ADR(20)4.29
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.25
Mansfield-1.96
10 Day High118.96
10 Day Low109.99
20 Day High120.99
20 Day Low99.87
52 Week High166
52 Week Low99.87
CS1 End111.65
CR1 Start114.77
Volume & EV
DER(3)0%
DER(5)-33.8%
Volume200
Volume Incr-58.62%
Vol(5)120
Vol(50)224