
DEMAND MEDIA INC (DMD) Technical Analysis
NYSE:DMD • US24802N2080
Current stock price
DMD Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to DMD. Although DMD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 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.
- When comparing the yearly performance of all stocks, we notice that DMD is one of the better performing stocks in the market, outperforming 72% of all 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 Weekly and Daily overview Charts
DMD Setup Rating and Analysis
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
DMD Support and Resistance Analysis
5.28
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.
DMD Technical Indicator Signal Analysis
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. |
DMD Chart- and CandleStick Pattern Analysis
DMD Technicals: Chart, Performance Metrics, Trend & Indicators
6.35
+0.55 (+9.48%)
DEMAND MEDIA INC / DMD TA FAQ
What is the ChartMill technical rating of DEMAND MEDIA INC (DMD) stock?
ChartMill assigns a technical rating of 6 / 10 to DMD.
What is the current trend direction of DEMAND MEDIA INC (DMD) stock?
The current trend direction for DEMAND MEDIA INC (DMD) is Bullish.
Can you provide the RSI signal for DEMAND MEDIA INC?
DEMAND MEDIA INC (DMD) has an RSI value of 65.4671. This indicates that the stock is currently neutral.
What is the MACD signal for DMD stock?
The MACD indicator for DEMAND MEDIA INC (DMD) has a value of 0.0162699, indicating a bearish trend.