DNP SELECT INCOME FUND INC (DNP) Technical Analysis
NYSE:DNP • US23325P1049
Current stock price
DNP Technical Rating and Analysis
Overall DNP gets a technical rating of 2 out of 10. DNP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month DNP has a been trading in the 9.86 - 10.65 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, DNP turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- DNP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DNP is lagging the market slightly.
DNP Weekly and Daily overview Charts
DNP Setup Rating and Analysis
The technical rating of DNP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
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DNP Support and Resistance Analysis
9.54
We found 1 important support area.
- A support zone ranging from 9.64 to 9.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.91 to 10.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.20 to 10.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.55 to 10.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
DNP 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 | NEUTRAL | NEUTRAL | The long term trend for DNP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DNP is down. |
| ChartMill Relative Strength | 53.03 | NEUTRAL | DNP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DNP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DNP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DNP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.49 | NEUTRAL | The RSI value for DNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DNP has a negative trend. |
| Stochastics (14,3) | 25.8 | NEUTRAL | The Stochastics value for DNP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for DNP suggests low volalility. |
| Average Directional Index/ADX (14) | 27.19 | POSITIVE | The high ADX value value for DNP suggests a strong trend. |
DNP Chart- and CandleStick Pattern Analysis
DNP Technicals: Chart, Performance Metrics, Trend & Indicators
9.91
-0.28 (-2.75%)
DNP SELECT INCOME FUND INC / DNP TA FAQ
Can you provide the ChartMill technical rating for DNP SELECT INCOME FUND INC?
ChartMill assigns a technical rating of 2 / 10 to DNP.
What is the current trend direction of DNP SELECT INCOME FUND INC (DNP) stock?
The current trend direction for DNP SELECT INCOME FUND INC (DNP) is Bearish.
What is the RSI signal for DNP stock?
DNP SELECT INCOME FUND INC (DNP) has an RSI value of 30.4856. This indicates that the stock is currently neutral.
What is the support and resistance level for DNP stock?
DNP SELECT INCOME FUND INC (DNP) has a support level at 9.9 and a resistance level at 9.91. Check the full technical report for our detailed analysis of DNP support and resistance levels.