DOLE Technical Analysis - DOLE PLC

Technical Rating and Analysis

Taking everything into account, DOLE scores 0 out of 10 in our technical rating. DOLE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, DOLE is a bad performer in the overall market: 86% of all stocks are doing better.

DOLE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month DOLE has a been trading in the 13.05 - 14.77 range, which is quite wide. It is currently trading near the lows of this range.

DOLE has an average volume of 1039880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

DOLE is an average performer in the Food Products industry, it outperforms 43% of 89 stocks in the same industry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, DOLE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.14, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

12.74

15.34

2 important support areas can be observed.

A support zone ranging from 13.14 to 13.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @12.87 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 13.69 to 14.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 14.64 to 15.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	DOWN	NEGATIVE	The long term trend for DOLE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for DOLE is down.
ChartMill Relative Strength	14.67	NEGATIVE	DOLE has a low relative strength, it was outperformed by 85.33% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of DOLE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of DOLE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of DOLE is below a declining SMA(200).
Relative Strength Index/RSI (14)	36.2	NEUTRAL	The RSI value for DOLE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests DOLE has a negative trend.
Stochastics (14,3)	11.53	OVERSOLD	The low Stochastics value suggests DOLE may be oversold.
Average True Range in percent/ATR (20)	2.64	MEDIUM VOLATILITY	The ATR as a percentage value for DOLE suggests some volalility.
Average Directional Index/ADX (14)	22.01	NEUTRAL	The ADX value for DOLE suggests a possible start of a new trend.