DLOCAL LTD (DLO) Stock Technical Analysis
NASDAQ:DLO - Nasdaq - KYG290181018 - Common Stock - Currency: USD
Overall DLO gets a technical rating of 5 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.
In the last month DLO has a been trading in the 9.75 - 11.97 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
DLO is one of the better performing stocks in the Financial Services industry, it outperforms 83% of 99 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, DLO did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
DLO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.86
11.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.71 to 9.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.36 from a trend line in the weekly time frame.
- A support zone ranging from 7.94 to 7.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @10.57 from a horizontal line in the daily time frame.
- Resistance @11.09 from a trend line in the daily time frame.
- Resistance @11.55 from a trend 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 DLO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DLO is neutral. |
| ChartMill Relative Strength | 86.8 | POSITIVE | DLO has a high relative strength, it outperformed 86.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DLO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DLO is above the rising 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) | 40.01 | NEUTRAL | The RSI value for DLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests DLO has a negative trend. |
| Stochastics (14,3) | 13.51 | OVERSOLD | The low Stochastics value suggests DLO may be oversold. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for DLO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.5 | NEUTRAL | The ADX value for DLO 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)
9.81
-0.46 (-4.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-4.48%
1 Week-6.48%
2 Weeks-9.67%
1 Month-12.72%
3 Month13.81%
6 Month-16.37%
12 Month29.93%
2 Year-19.62%
3 Year-62.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%4.59%
ATR Inc-1.2%
Range Today0.42
ADR(20)0.44
ADR(20)%4.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.8
Mansfield-0.23
10 Day High10.91
10 Day Low9.75
20 Day High11.97
20 Day Low9.75
52 Week High14.26
52 Week Low6.57
CS1 End9.8
CR1 Start10.57
Volume & EV
DER(3)-8.52%
DER(5)-5.5%
Volume975.20K
Volume Incr-33.51%
Vol(5)793.22K
Vol(50)822.97K