DLOCAL LTD (DLO) Stock Technical Analysis
USA - NASDAQ:DLO - KYG290181018 - Common Stock
15.11 USD
-0.29 (-1.88%)
15.17 USD
+0.06 (+0.4%)
Overall DLO gets a technical rating of 10 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DLO did better than 93% of all other stocks.
DLO is part of the Financial Services industry. There are 99 other stocks in this industry. DLO outperforms 97% of them.
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 3201880 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 13.52 - 16.78 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. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
7.89
16.00
When analyzing the support we can see 7 important areas.
- A support zone ranging from 13.98 to 14.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.57 to 13.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.47 from a trend line in the daily time frame.
- Support @11.25 from a trend line in the weekly time frame.
- Support @9.81 from a horizontal line in the daily time frame.
- Support @8.84 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 2 important areas.
- Resistance @15.40 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.67 to 15.84. 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 | 93 | POSITIVE | DLO has a high relative strength, it outperformed 93% 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) | 56.37 | NEUTRAL | The RSI value for DLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests DLO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.03 | NEUTRAL | The Stochastics value for DLO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for DLO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.78 | 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)
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 |
|---|---|---|---|
| 15.41 | 13.97 | 1.44 (9.34%) | 10.70% |
| An entry @15.41. This is a Buy Stop order right above the resistance zone. | An exit @13.97. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.44 points, which is 9.34%. | When investing 10.70% 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.
15.11
-0.29 (-1.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.88%
1 Week11.02%
2 Weeks7.62%
1 Month0.8%
3 Month38.88%
6 Month73.68%
12 Month73.28%
2 Year-10.33%
3 Year-32.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%5.16%
ATR Inc24.68%
Range Today0.51
ADR(20)0.76
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93
Mansfield2.21
10 Day High16.78
10 Day Low13.52
20 Day High16.78
20 Day Low13.52
52 Week High16.78
52 Week Low7.61
CS1 End14.18
CR1 Start15.4
Volume & EV
DER(3)0.69%
DER(5)1.21%
Volume2.10M
Volume Incr34.91%
Vol(5)3.26M
Vol(50)3.20M