DIAMOND OFFSHORE DRILLING IN (DO) Technical Analysis
NYSE:DO • US25271C2017
Current stock price
DO Technical Rating and Analysis
Overall DO gets a technical rating of 0 out of 10. DO'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.
- 75% of all other stocks performed better in the past year than DO.
- DO is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry, of which 91% are performing better than DO.
- DO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- DO has an average volume of 1867390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- DO 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 DO is lagging the market slightly.
DO Weekly and Daily overview Charts
DO Setup Rating and Analysis
DO has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
DO Support and Resistance Analysis
12.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.96 to 13.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.35 from a trend line in the weekly time frame.
- Support @12.96 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.00 to 14.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DO 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 DO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DO is down. |
| ChartMill Relative Strength | 25.42 | NEGATIVE | DO has a low relative strength, it was outperformed by 74.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.94 | NEUTRAL | The RSI value for DO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.91 | NEUTRAL | The Stochastics value for DO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for DO suggests low volalility. |
| Average Directional Index/ADX (14) | 21.84 | NEUTRAL | The ADX value for DO suggests a possible start of a new trend. |
DO Chart- and CandleStick Pattern Analysis
DO Technicals: Chart, Performance Metrics, Trend & Indicators
13.99
-0.35 (-2.44%)
DIAMOND OFFSHORE DRILLING IN / DO TA FAQ
What is the ChartMill technical rating of DIAMOND OFFSHORE DRILLING IN (DO) stock?
ChartMill assigns a technical rating of 0 / 10 to DO.
What is the current trend direction of DIAMOND OFFSHORE DRILLING IN (DO) stock?
The current trend direction for DIAMOND OFFSHORE DRILLING IN (DO) is Bearish.
What is the RSI signal for DIAMOND OFFSHORE DRILLING IN (DO) stock?
DIAMOND OFFSHORE DRILLING IN (DO) has an RSI value of 35.9377. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DIAMOND OFFSHORE DRILLING IN?
The MACD indicator for DIAMOND OFFSHORE DRILLING IN (DO) has a value of 0.0105022, indicating a bearish trend.
Can you provide the support and resistance levels for DIAMOND OFFSHORE DRILLING IN?
DIAMOND OFFSHORE DRILLING IN (DO) has a support level at 13.98 and a resistance level at 14. Check the full technical report for our detailed analysis of DO support and resistance levels.