DYNAGAS LNG PARTNERS LP (DLNG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DLNG - MHY2188B1083
We assign a technical rating of 3 out of 10 to DLNG. In the last year, DLNG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, DLNG does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for DLNG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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3.47
We found 2 important support areas.
- Support @3.62 from a trend line in the weekly time frame.
- A support zone ranging from 3.50 to 3.54. 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 3.81 to 3.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.93 from a horizontal line in the weekly 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 DLNG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DLNG is neutral. |
| ChartMill Relative Strength | 18.14 | NEGATIVE | DLNG has a low relative strength, it was outperformed by 81.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DLNG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DLNG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DLNG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.12 | NEUTRAL | The RSI value for DLNG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DLNG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.54 | OVERSOLD | The low Stochastics value suggests DLNG may be oversold. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for DLNG suggests some volalility. |
| Average Directional Index/ADX (14) | 11.6 | NEGATIVE | The low ADX value for DLNG suggests a weak or negative trend. |
3.73
+0.04 (+1.08%)
DYNAGAS LNG PARTNERS LP / DLNG FAQ
What is the technical rating for DLNG stock?
ChartMill assigns a technical rating of 3 / 10 to DLNG.
Can you provide the trend direction for DYNAGAS LNG PARTNERS LP?
The current trend direction for DYNAGAS LNG PARTNERS LP (DLNG) is Bearish.
What is the RSI signal for DYNAGAS LNG PARTNERS LP (DLNG) stock?
DYNAGAS LNG PARTNERS LP (DLNG) has an RSI value of 47.1224. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DYNAGAS LNG PARTNERS LP?
The MACD indicator for DYNAGAS LNG PARTNERS LP (DLNG) has a value of -0.0237351, indicating a bearish trend.