DIMENSION THERAPEUTICS INC (DMTX) Technical Analysis
NASDAQ:DMTX • US25433V1052
Current stock price
DMTX Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to DMTX. Both in the recent history as in the last year, DMTX 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.
- DMTX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DMTX is leading the market.
- Looking at the yearly performance, DMTX did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month DMTX has a been trading in a tight range between 5.95 and 6.00.
- Considerably lower volume is observed in the last couple of days.
DMTX Weekly and Daily overview Charts
DMTX Setup Rating and Analysis
DMTX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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 5.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.94, a Stop Loss order could be placed below this zone.
More info and screens
DMTX Support and Resistance Analysis
5.88
We found 1 important support area.
- A support zone ranging from 5.94 to 5.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.97 to 6.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DMTX 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 DMTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DMTX is up. |
| ChartMill Relative Strength | 99.2 | POSITIVE | DMTX has a high relative strength, it outperformed 99.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DMTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DMTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.52 | OVERBOUGHT | The high RSI value suggests DMTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DMTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for DMTX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for DMTX suggests low volalility. |
DMTX Chart- and CandleStick Pattern Analysis
DMTX Example Setup
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 |
|---|---|---|---|
| 6.02 | 5.94 | 0.08 (1.33%) | 25.00% |
| An entry @6.02. This is a Buy Stop order right above the resistance zone. | An exit @5.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 1.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.33%. |
- 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.
DMTX Technicals: Chart, Performance Metrics, Trend & Indicators
5.95
-0.02 (-0.42%)
DIMENSION THERAPEUTICS INC / DMTX TA FAQ
What is the technical rating for DMTX stock?
ChartMill assigns a technical rating of 7 / 10 to DMTX.
What is the trend direction for DMTX stock?
The current trend direction for DIMENSION THERAPEUTICS INC (DMTX) is Bullish.
What is the RSI signal for DIMENSION THERAPEUTICS INC (DMTX) stock?
DIMENSION THERAPEUTICS INC (DMTX) has an RSI value of 71.5192. This indicates that the stock is currently overbought.
Can you provide the short term momentum for DIMENSION THERAPEUTICS INC?
The short term momentum for DIMENSION THERAPEUTICS INC (DMTX) is positive.
What is the buy/sell signal for DMTX stock?
The buy/sell signal for DIMENSION THERAPEUTICS INC (DMTX) is buy as both the short term and long term trends are positive.