DLOCAL LTD (DLO) Technical Analysis
NASDAQ:DLO • KYG290181018
We assign a technical rating of 1 out of 10 to DLO. DLO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month DLO has a been trading in the 11.62 - 13.49 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 part of the Financial Services industry. There are 97 other stocks in this industry. DLO outperforms 82% of them.
- DLO has an average volume of 1156790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, DLO outperforms 65% of them, which is more or less in line with the market.
- 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.
Although the technical rating is bad, DLO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.81, a Stop Loss order could be placed below this zone.
More info and screens
7.89
We found 3 important support areas.
- A support zone ranging from 11.81 to 11.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.38 from a trend line in the weekly time frame.
- Support @7.97 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 12.42 to 12.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.40 to 13.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.12 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.65 to 14.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @15.66 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for DLO is down. |
| ChartMill Relative Strength | 65.99 | NEUTRAL | DLO is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of DLO is below 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) | 39.13 | NEUTRAL | The RSI value for DLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DLO has a negative trend. |
| Stochastics (14,3) | 19.29 | OVERSOLD | The low Stochastics value suggests DLO may be oversold. |
| 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) | 18.9 | NEGATIVE | The low ADX value for DLO suggests a weak or negative trend. |
DLO Technicals: Chart, Performance Metrics, Trend & Indicators
11.82
-0.35 (-2.88%)
DLOCAL LTD / DLO FAQ
What is the technical rating for DLO stock?
ChartMill assigns a technical rating of 1 / 10 to DLO.
What is the current trend direction of DLOCAL LTD (DLO) stock?
The current trend direction for DLOCAL LTD (DLO) is Bearish.
What is the RSI signal for DLO stock?
DLOCAL LTD (DLO) has an RSI value of 39.1336. This indicates that the stock is currently neutral.
What is the MACD signal for DLOCAL LTD (DLO) stock?
The MACD indicator for DLOCAL LTD (DLO) has a value of -0.0221816, indicating a bearish trend.
What is the support and resistance level for DLO stock?
DLOCAL LTD (DLO) has a support level at 11.81 and a resistance level at 12.42. Check the full technical report for our detailed analysis of DLO support and resistance levels.