NYSE:DNOW - New York Stock Exchange, Inc. - US67011P1003 - Common Stock - Currency: USD
Overall DNOW gets a technical rating of 0 out of 10. DNOW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, DNOW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
13.02
We found 2 important support areas.
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The short term trend for DNOW is down. |
ChartMill Relative Strength | 34.35 | NEUTRAL | DNOW is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DNOW is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DNOW is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DNOW is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 38.52 | NEUTRAL | The RSI value for DNOW is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests DNOW has a negative trend. |
Stochastics (14,3) | 23.42 | NEUTRAL | The Stochastics value for DNOW is a neutral value. |
Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for DNOW suggests some volalility. |
Average Directional Index/ADX (14) | 18.31 | NEGATIVE | The low ADX value for DNOW suggests a weak or negative trend. |
14.4
-0.02 (-0.14%)