DND Technical Analysis - DYE & DURHAM LTD

Technical Rating and Analysis

Overall DND gets a technical rating of 0 out of 10. DND scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, DND is a bad performer in the overall market: 98% of all stocks are doing better.

DND is part of the Software industry. There are 63 other stocks in this industry, of which 90% are performing better than DND.

DND is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.

In the last month DND has a been trading in the 6.84 - 11.46 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.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

DYE & DURHAM LTD / DND Weekly stock chart

DYE & DURHAM LTD / DND Daily stock chart

Setup Rating and Analysis

The technical rating of DND is bad and it also does not present a 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

6.93

11.70

When analyzing the resistance we notice 4 important areas.

Resistance @10.30 from a trend line in the weekly time frame.
Resistance @10.78 from a trend line in the daily time frame.
Resistance @11.12 from a trend line in the daily time frame.
Resistance @11.58 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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	DOWN	NEGATIVE	The long term trend for DND.CA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for DND.CA is down.
ChartMill Relative Strength	2.2	NEGATIVE	DND.CA has a low relative strength, it was outperformed by 97.8% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of DND.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of DND.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of DND.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)	28.34	OVERSOLD	The low RSI value suggests DND.CA may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.17	NEGATIVE	The MACD value suggests DND.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	5.63	OVERSOLD	The low Stochastics value suggests DND.CA may be oversold.
Average True Range in percent/ATR (20)	7.85	HIGH VOLATILITY	The high ATR as a percentage value for DND.CA suggests high volalility.
Average Directional Index/ADX (14)	33.06	POSITIVE	The high ADX value value for DND.CA suggests a strong trend.