DORMAN PRODUCTS INC (DORM) Stock Technical Analysis
USA - NASDAQ:DORM - US2582781009 - Common Stock
Taking everything into account, DORM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DORM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although DORM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
124.42
When analyzing the support we can see 4 important areas.
- A support zone ranging from 146.45 to 148.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 141.67 to 141.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @138.38 from a horizontal line in the daily time frame.
- A support zone ranging from 125.68 to 128.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @166.35 from a horizontal line in the daily time frame.
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 DORM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DORM is up. |
| ChartMill Relative Strength | 87.63 | POSITIVE | DORM has a high relative strength, it outperformed 87.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DORM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DORM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DORM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.25 | NEUTRAL | The RSI value for DORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.76 | POSITIVE | The MACD value suggests DORM has a positive trend. |
| Stochastics (14,3) | 90.59 | OVERBOUGHT | The high Stochastics value suggests DORM may be overbought. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for DORM suggests some volalility. |
| Average Directional Index/ADX (14) | 27.99 | POSITIVE | The high ADX value value for DORM suggests a strong trend. |
158.03
+2.78 (+1.79%)
DORMAN PRODUCTS INC / DORM FAQ
What is the ChartMill technical rating of DORMAN PRODUCTS INC (DORM) stock?
ChartMill assigns a technical rating of 9 / 10 to DORM.
What is the current trend direction of DORMAN PRODUCTS INC (DORM) stock?
The current trend direction for DORMAN PRODUCTS INC (DORM) is Bullish.
What is the RSI signal for DORM stock?
DORMAN PRODUCTS INC (DORM) has an RSI value of 63.2518. This indicates that the stock is currently neutral.
What is the short term momentum for DORMAN PRODUCTS INC (DORM) stock?
The short term momentum for DORMAN PRODUCTS INC (DORM) is positive.
What is the buy/sell signal for DORM stock?
The buy/sell signal for DORMAN PRODUCTS INC (DORM) is buy as both the short term and long term trends are positive.