DLOCAL LTD (DLO) Stock Technical Analysis
NASDAQ:DLO - Nasdaq - KYG290181018 - Common Stock - Currency: USD
Taking everything into account, DLO scores 7 out of 10 in our technical rating. DLO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, we notice that DLO is one of the better performing stocks in the market, outperforming 80% of all stocks.
DLO is one of the better performing stocks in the Financial Services industry, it outperforms 82% of 101 stocks in the same industry.
In the last month DLO has a been trading in the 9.81 - 11.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DLO has an average volume of 1437260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
DLO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DLO is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DLO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.89
13.53
When analyzing the support we can see 6 important areas.
- A support zone ranging from 10.62 to 10.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.23 from a trend line in the daily time frame.
- A support zone ranging from 10.00 to 10.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.81 from a horizontal line in the daily time frame.
- Support @8.60 from a trend line in the weekly time frame.
- Support @7.97 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 11.70 to 11.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @13.40 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 DLO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DLO is neutral. |
| ChartMill Relative Strength | 80.59 | POSITIVE | DLO has a high relative strength, it outperformed 80.59% 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) | UP | POSITIVE | The current price of DLO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DLO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.77 | NEUTRAL | The RSI value for DLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests DLO has a positive trend. |
| Stochastics (14,3) | 79.92 | NEUTRAL | The Stochastics value for DLO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for DLO suggests some volalility. |
| Average Directional Index/ADX (14) | 15.7 | NEGATIVE | The low ADX value for DLO suggests a weak or negative 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)
11.69
+0.72 (+6.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg6.56%
1 Week12.84%
2 Weeks12.4%
1 Month4.47%
3 Month-0.64%
6 Month-12.7%
12 Month39.67%
2 Year-45.48%
3 Year-53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%3.6%
ATR Inc58.12%
Range Today0.74
ADR(20)0.4
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.59
Mansfield0.44
10 Day High11.75
10 Day Low9.81
20 Day High11.75
20 Day Low9.81
52 Week High14.26
52 Week Low7.61
CS1 End10.77
CR1 Start11.7
Volume & EV
DER(3)-5.35%
DER(5)-1.1%
Volume8.51M
Volume Incr185.55%
Vol(5)2.95M
Vol(50)1.44M