DEMAND MEDIA INC (DMD) Stock Technical Analysis
NYSE:DMD - New York Stock Exchange, Inc. - US24802N2080
We assign a technical rating of 6 out of 10 to DMD. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DMD is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
DMD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DMD is performing more or less in line with the market.
In the last month DMD has a been trading in the 5.30 - 6.35 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.
Looking at the yearly performance, DMD did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DMD 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
5.28
6.41
We found 4 important support areas.
- A support zone ranging from 5.79 to 5.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.64 from a horizontal line in the weekly time frame.
- A support zone ranging from 5.44 to 5.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.33 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 | UP | POSITIVE | The long term trend for DMD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DMD is neutral. |
| ChartMill Relative Strength | 72.05 | POSITIVE | DMD has a high relative strength, it outperformed 72.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.47 | NEUTRAL | The RSI value for DMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DMD has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for DMD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for DMD suggests some volalility. |
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)
6.35
+0.55 (+9.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg9.48%
1 Week9.48%
2 Weeks4.1%
1 Month7.63%
3 Month9.11%
6 Month16.51%
12 Month12.19%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%3.87%
ATR Inc56.86%
Range Today0.4
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.05
Mansfield1.19
10 Day High6.35
10 Day Low5.3
20 Day High6.35
20 Day Low5.3
52 Week High6.47
52 Week Low4.41
CS1 End5.86
CR1 StartN/A
Volume & EV
DER(3)6.46%
DER(5)-0.44%
Volume92.00K
Volume Incr123.05%
Vol(5)58.06K
Vol(50)33.73K