DORMAN PRODUCTS INC (DORM) Stock Technical Analysis
NASDAQ:DORM - Nasdaq - US2582781009 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to DORM. DORM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month DORM has a been trading in the 119.92 - 128.66 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, DORM turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
DORM is part of the Automobile Components industry. There are 80 other stocks in this industry, DORM did better than 59% of them.
DORM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DORM is lagging the market.
Although the technical rating is bad, DORM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 122.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 121.83, a Stop Loss order could be placed below this zone.
More info and screens
110.07
141.39
We found 2 important support areas.
- A support zone ranging from 119.45 to 121.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @111.18 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 122.45 to 129.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 133.02 to 134.80. 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 | 69.91 | NEUTRAL | DORM is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of DORM is below a declining 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) | 46.17 | NEUTRAL | The RSI value for DORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DORM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.76 | NEUTRAL | The Stochastics value for DORM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for DORM suggests some volalility. |
| Average Directional Index/ADX (14) | 10.92 | NEGATIVE | The low ADX value for DORM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
122.05
+0.49 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg0.4%
1 Week0.59%
2 Weeks-0.37%
1 Month-1.16%
3 Month6.7%
6 Month-8.25%
12 Month21.55%
2 Year44.11%
3 Year20.73%
5 Year49.3%
10 Year131.24%
15 Year945.84%
Volatility
ATR(14)2.64
ATR(20)%2.39%
ATR Inc-16.95%
Range Today2.2
ADR(20)2.84
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.91
Mansfield-0.94
10 Day High124.77
10 Day Low119.92
20 Day High128.66
20 Day Low119.92
52 Week High146.6
52 Week Low94.87
CS1 End121.83
CR1 Start122.45
Volume & EV
DER(3)2.26%
DER(5)0.13%
Volume198.40K
Volume Incr-12.27%
Vol(5)158.20K
Vol(50)168.78K