DELEK US HOLDINGS INC (DK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DK - US24665A1034 - Common Stock
We assign a technical rating of 2 out of 10 to DK. Although DK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 29.62, a Stop Loss order could be placed below this zone.
More info and screens
29.32
We found 1 important support area.
- A support zone ranging from 29.62 to 29.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 29.79 to 30.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.30 to 36.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 DK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DK is down. |
| ChartMill Relative Strength | 88.33 | POSITIVE | DK has a high relative strength, it outperformed 88.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.16 | OVERSOLD | The low RSI value suggests DK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests DK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.16 | OVERSOLD | The low Stochastics value suggests DK may be oversold. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for DK suggests some volalility. |
| Average Directional Index/ADX (14) | 43.53 | POSITIVE | The high ADX value value for DK suggests a strong trend. |
29.78
+0.12 (+0.4%)
DELEK US HOLDINGS INC / DK FAQ
What is the ChartMill technical rating of DELEK US HOLDINGS INC (DK) stock?
ChartMill assigns a technical rating of 2 / 10 to DK.
Can you provide the trend direction for DELEK US HOLDINGS INC?
The current trend direction for DELEK US HOLDINGS INC (DK) is Bearish.
What is the RSI signal for DK stock?
DELEK US HOLDINGS INC (DK) has an RSI value of 26.1633. This indicates that the stock is currently oversold.
What are the support and resistance levels for DELEK US HOLDINGS INC (DK) stock?
DELEK US HOLDINGS INC (DK) has a support level at 29.62 and a resistance level at 29.79. Check the full technical report for our detailed analysis of DK support and resistance levels.