DOLE PLC (DOLE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DOLE - IE0003LFZ4U7 - Common Stock
We assign a technical rating of 8 out of 10 to DOLE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DOLE is only an average performer.
- The long and short term trends are both positive. This is looking good!
- DOLE is part of the Food Products industry. There are 87 other stocks in this industry. DOLE outperforms 81% of them.
- DOLE 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 DOLE is lagging the market slightly.
- In the last month DOLE has a been trading in the 13.82 - 15.39 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that DOLE is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although DOLE has an excellent technical rating, it does not present a decent entry opportunity 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
12.76
When analyzing the support we can see 4 important areas.
- A support zone ranging from 14.34 to 14.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.91 to 14.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @13.69 from a horizontal line in the daily time frame.
- Support @12.89 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.32 to 15.57. 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 DOLE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DOLE is up. |
| ChartMill Relative Strength | 77.73 | POSITIVE | DOLE has a high relative strength, it outperformed 77.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOLE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DOLE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DOLE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.48 | NEUTRAL | The RSI value for DOLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DOLE has a positive trend. |
| Stochastics (14,3) | 91.27 | OVERBOUGHT | The high Stochastics value suggests DOLE may be overbought. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for DOLE suggests low volalility. |
| Average Directional Index/ADX (14) | 22.68 | NEUTRAL | The ADX value for DOLE suggests a possible start of a new trend. |
15.31
+0.2 (+1.32%)
DOLE PLC / DOLE FAQ
Can you provide the ChartMill technical rating for DOLE PLC?
ChartMill assigns a technical rating of 8 / 10 to DOLE.
What is the current trend direction of DOLE PLC (DOLE) stock?
The current trend direction for DOLE PLC (DOLE) is Bullish.
What is the RSI signal for DOLE PLC (DOLE) stock?
DOLE PLC (DOLE) has an RSI value of 63.4824. This indicates that the stock is currently neutral.
What is the MACD signal for DOLE stock?
The MACD indicator for DOLE PLC (DOLE) has a value of 0.0554571, indicating a bearish trend.
What is the short term momentum for DOLE PLC (DOLE) stock?
The short term momentum for DOLE PLC (DOLE) is positive.