DORMAN PRODUCTS INC (DORM) Stock Technical Analysis
NASDAQ:DORM - Nasdaq - US2582781009 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to DORM. Although DORM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, DORM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 129.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 124.22, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
107.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 122.84 to 124.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @117.08 from a trend line in the weekly time frame.
- Support @111.18 from a horizontal line in the weekly time frame.
- A support zone ranging from 108.29 to 108.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 129.31 to 130.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 133.02 to 133.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @139.99 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for DORM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DORM is neutral. |
| ChartMill Relative Strength | 82.05 | POSITIVE | DORM has a high relative strength, it outperformed 82.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DORM is below a declining 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 | MIXED | The current price of DORM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.17 | NEUTRAL | The RSI value for DORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests DORM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.16 | NEUTRAL | The Stochastics value for DORM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for DORM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.07 | NEGATIVE | The low ADX value for DORM suggests a weak or negative 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 |
|---|---|---|---|
| 130.05 | 122.83 | 7.22 (5.55%) | 18.01% |
| An entry @130.05. This is a Buy Stop order right above the resistance zone. | An exit @122.83. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.22 points, which is 5.55%. | For a 1.00% total portfolio risk, you can invest 18.01% of your capital in this trade. |
- 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.
NASDAQ:DORM (6/30/2025, 2:17:08 PM)
124.89
+0.57 (+0.46%)