We assign a technical rating of 0 out of 10 to DORM. DORM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
DORM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 124.91, a Stop Loss order could be placed below this zone.
More info and screens
110.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 123.77 to 124.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @121.08 from a horizontal line in the daily time frame.
- Support @111.18 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 129.09 to 129.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 136.33 to 138.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @149.72 from a trend line in the daily time frame.
- Resistance @152.39 from a trend 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 | DOWN | NEGATIVE | The long term trend for DORM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DORM is down. |
| ChartMill Relative Strength | 19.03 | NEGATIVE | DORM has a low relative strength, it was outperformed by 80.97% 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) | DOWN | NEGATIVE | The current price of DORM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DORM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.92 | NEUTRAL | The RSI value for DORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests DORM has a positive trend. |
| Stochastics (14,3) | 28.79 | NEUTRAL | The Stochastics value for DORM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for DORM suggests some volalility. |
| Average Directional Index/ADX (14) | 28.13 | POSITIVE | The high ADX value value for DORM suggests a strong trend. |
128.01
-0.46 (-0.36%)
DORMAN PRODUCTS INC / DORM FAQ
What is the ChartMill technical rating of DORMAN PRODUCTS INC (DORM) stock?
ChartMill assigns a technical rating of 0 / 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 Bearish.
What is the RSI signal for DORM stock?
DORMAN PRODUCTS INC (DORM) has an RSI value of 43.9162. 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 negative.
What is the buy/sell signal for DORM stock?
The buy/sell signal for DORMAN PRODUCTS INC (DORM) is sell as both the short term and long term trends are negative.