DNOW INC (DNOW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DNOW - US67011P1003 - Common Stock
Taking everything into account, DNOW scores 3 out of 10 in our technical rating. In the past year, DNOW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, DNOW is a bad performer in the overall market: 74% of all stocks are doing better.
- DNOW is one of the lesser performing stocks in the Trading Companies & Distributors industry. 67% of 50 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month DNOW has a been trading in the 13.05 - 14.40 range, which is quite wide. It is currently trading near the high of this range.
- DNOW has an average volume of 2642290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DNOW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DNOW is lagging the market.
Although the technical rating is bad, DNOW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.75, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.36
We found 3 important support areas.
- A support zone ranging from 13.58 to 13.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.35 from a trend line in the daily time frame.
- A support zone ranging from 12.48 to 12.83. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @14.89 from a trend line in the weekly time frame.
- Resistance @15.22 from a horizontal line in the daily time frame.
- Resistance @15.49 from a trend line in the daily time frame.
- A resistance zone ranging from 15.83 to 16.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.53 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 DNOW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DNOW is up. |
| ChartMill Relative Strength | 26.04 | NEGATIVE | DNOW has a low relative strength, it was outperformed by 73.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DNOW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DNOW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DNOW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.79 | NEUTRAL | The RSI value for DNOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests DNOW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.36 | OVERBOUGHT | The high Stochastics value suggests DNOW may be overbought. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for DNOW suggests some volalility. |
| Average Directional Index/ADX (14) | 13.6 | NEGATIVE | The low ADX value for DNOW suggests a weak or negative trend. |
NYSE:DNOW (1/21/2026, 3:12:48 PM)
14.36
+0.25 (+1.77%)
DNOW INC / DNOW FAQ
What is the technical rating for DNOW stock?
ChartMill assigns a technical rating of 3 / 10 to DNOW.
What is the trend direction for DNOW stock?
The current trend direction for DNOW INC (DNOW) is Bearish.
What is the RSI signal for DNOW stock?
DNOW INC (DNOW) has an RSI value of 55.788. This indicates that the stock is currently neutral.
What is the support and resistance level for DNOW stock?
DNOW INC (DNOW) has a support level at 13.75 and a resistance level at 14.89. Check the full technical report for our detailed analysis of DNOW support and resistance levels.