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. Although DOLE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DOLE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 15.03, a Stop Loss order could be placed below this zone.
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12.60
We found 2 important support areas.
- Support @14.93 from a horizontal line in the daily time frame.
- A support zone ranging from 12.73 to 12.92. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.05 to 15.57. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 75.35 | POSITIVE | DOLE has a high relative strength, it outperformed 75.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DOLE is below 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) | 54.28 | NEUTRAL | The RSI value for DOLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DOLE has a negative trend. |
| Stochastics (14,3) | 39.89 | NEUTRAL | The Stochastics value for DOLE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for DOLE suggests low volalility. |
| Average Directional Index/ADX (14) | 38.65 | POSITIVE | The high ADX value value for DOLE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.25 | 15.01 | 0.24 (1.60%) | 25.00% |
| An entry @15.25. This is a Buy Stop order right above the 10 day moving average. | An exit @15.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.24 points, which is 1.60%. | For a 0.40% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DOLE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
14.94
-0.09 (-0.6%)
DOLE PLC / DOLE FAQ
Can you provide the ChartMill technical rating for DOLE PLC?
ChartMill assigns a technical rating of 8 / 10 to DOLE.
Can you provide the trend direction for DOLE PLC?
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 54.2793. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DOLE PLC?
The MACD indicator for DOLE PLC (DOLE) has a value of -0.0867013, indicating a bearish trend.
Can you provide the buy/sell signal for DOLE PLC?
The buy/sell signal for DOLE PLC (DOLE) is buy as both the short term and long term trends are positive.