DLOCAL LTD (DLO) Technical Analysis
NASDAQ:DLO • KYG290181018
Current stock price
DLO Technical Rating and Analysis
Overall DLO gets a technical rating of 4 out of 10. Although DLO 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.
- Looking at the yearly performance, DLO did better than 79% of all other stocks.
- DLO is one of the better performing stocks in the Financial Services industry, it outperforms 87% of 100 stocks in the same industry.
- DLO has an average volume of 1491270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- DLO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DLO is lagging the market slightly.
- In the last month DLO has a been trading in the 11.16 - 13.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
DLO Weekly and Daily overview Charts
DLO Setup Rating and Analysis
DLO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 12.78, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
DLO Support and Resistance Analysis
9.40
We found 3 important support areas.
- A support zone ranging from 12.61 to 12.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.33 to 11.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.49 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- Resistance @13.03 from a horizontal line in the daily time frame.
- Resistance @13.91 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.40 to 14.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.86 from a horizontal line in the daily time frame.
- Resistance @15.51 from a horizontal line in the daily time frame.
DLO 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 | NEUTRAL | NEUTRAL | The long term trend for DLO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DLO is neutral. |
| ChartMill Relative Strength | 79.7 | POSITIVE | DLO has a high relative strength, it outperformed 79.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DLO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DLO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DLO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.54 | NEUTRAL | The RSI value for DLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests DLO has a positive trend. |
| Stochastics (14,3) | 68.23 | NEUTRAL | The Stochastics value for DLO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for DLO suggests high volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for DLO suggests a weak or negative trend. |
DLO Chart- and CandleStick Pattern Analysis
DLO Technicals: Chart, Performance Metrics, Trend & Indicators
12.86
+0.42 (+3.38%)
DLOCAL LTD / DLO TA FAQ
What is the technical rating for DLO stock?
ChartMill assigns a technical rating of 4 / 10 to DLO.
What is the trend direction for DLO stock?
The current trend direction for DLOCAL LTD (DLO) is Bearish.
What is the RSI signal for DLOCAL LTD (DLO) stock?
DLOCAL LTD (DLO) has an RSI value of 54.5416. This indicates that the stock is currently neutral.
What is the short term momentum for DLOCAL LTD (DLO) stock?
The short term momentum for DLOCAL LTD (DLO) is neutral.
Can you provide the support and resistance levels for DLOCAL LTD?
DLOCAL LTD (DLO) has a support level at 12.78 and a resistance level at 13.03. Check the full technical report for our detailed analysis of DLO support and resistance levels.