DNP SELECT INCOME FUND INC (DNP) Stock Technical Analysis
NYSE:DNP - New York Stock Exchange, Inc. - US23325P1049 - Currency: USD
We assign a technical rating of 5 out of 10 to DNP. In the last year, DNP was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
DNP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DNP is lagging the market slightly.
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 54% of all stocks.
In the last month DNP has a been trading in a tight range between 9.59 and 9.85.
DNP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DNP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.72
10.15
4 important support areas can be observed.
- A support zone ranging from 9.58 to 9.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.38 to 9.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.99 to 9.00. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 8.81 to 8.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.71 to 9.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.99 to 10.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 DNP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DNP is neutral. |
| ChartMill Relative Strength | 54.88 | 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) | DOWN | MIXED | The current price of DNP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.81 | NEUTRAL | The RSI value for DNP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DNP has a negative trend. |
| Stochastics (14,3) | 44.76 | NEUTRAL | The Stochastics value for DNP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.93 | LOW VOLATILITY | The low ATR as a percentage value for DNP suggests low volalility. |
| Average Directional Index/ADX (14) | 7.26 | NEGATIVE | The low ADX value for DNP suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.69
-0.01 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.1%
1 Week-0.82%
2 Weeks-1.32%
1 Month-0.51%
3 Month4.76%
6 Month4.98%
12 Month13.6%
2 Year-4.91%
3 Year-13.64%
5 Year-10.44%
10 Year-4.91%
15 Year3.09%
Volatility
ATR(14)0.09
ATR(20)%0.93%
ATR Inc11.78%
Range Today0.07
ADR(20)0.09
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.88
Mansfield-0.52
10 Day High9.85
10 Day Low9.62
20 Day High9.85
20 Day Low9.59
52 Week High10.04
52 Week Low8.41
CS1 End9.69
CR1 Start9.71
Volume & EV
DER(3)3.84%
DER(5)-0.06%
Volume428.90K
Volume Incr40.25%
Vol(5)694.50K
Vol(50)539.13K