DLOCAL LTD (DLO) Stock Technical Analysis
USA - NASDAQ:DLO - KYG290181018 - Common Stock
14.55 USD
+0.04 (+0.28%)
14.6897 USD
+0.14 (+0.96%)
Overall DLO gets a technical rating of 9 out of 10. Both in the recent history as in the last year, DLO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DLO did better than 92% of all other stocks.
DLO is one of the better performing stocks in the Financial Services industry, it outperforms 92% of 100 stocks in the same industry.
DLO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DLO is lagging the market slightly.
DLO has an average volume of 2700430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DLO has a been trading in the 12.60 - 15.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, DLO also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 15.45. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for DLO 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.
More info and screens
7.89
15.83
6 important support areas can be observed.
- Support @13.41 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.83 to 13.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.91 to 11.06. 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 @8.76 from a trend line in the weekly time frame.
- Support @7.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.45 to 15.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for DLO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DLO is up. |
| ChartMill Relative Strength | 92.08 | POSITIVE | DLO has a high relative strength, it outperformed 92.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DLO is above 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 | POSITIVE | The current price of DLO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.35 | NEUTRAL | The RSI value for DLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DLO has a negative trend. |
| Stochastics (14,3) | 57.96 | NEUTRAL | The Stochastics value for DLO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for DLO suggests some volalility. |
| Average Directional Index/ADX (14) | 26.31 | POSITIVE | The high ADX value value for DLO suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.71 | 13.68 | 1.03 (7.01%) | 14.26% |
| An entry @14.71. This is a Buy Stop order right above the 10 day moving average. | An exit @13.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.03 points, which is 7.01%. | When investing 14.26% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
14.55
+0.04 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.28%
1 Week-2.94%
2 Weeks5.97%
1 Month-0.07%
3 Month26.74%
6 Month74.67%
12 Month82.56%
2 Year-24.1%
3 Year-29.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%4.45%
ATR Inc13.38%
Range Today0.74
ADR(20)0.58
ADR(20)%3.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.08
Mansfield2.03
10 Day High15.57
10 Day Low13.69
20 Day High15.57
20 Day Low12.6
52 Week High16.44
52 Week Low7.61
CS1 End13.41
CR1 Start15.45
Volume & EV
DER(3)4.32%
DER(5)1.6%
Volume1.73M
Volume Incr-32.57%
Vol(5)1.98M
Vol(50)2.70M