DORMAN PRODUCTS INC (DORM) Technical Analysis
NASDAQ:DORM • US2582781009
Current stock price
DORM Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to DORM. In the past year, DORM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, DORM is a bad performer in the overall market: 79% of all stocks are doing better.
- DORM is one of the lesser performing stocks in the Automobile Components industry. 68% of 42 stocks in the same industry do better.
- DORM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month DORM has a been trading in the 99.19 - 112.76 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
DORM Weekly and Daily overview Charts
DORM Setup Rating and Analysis
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 resistance zone just above the current price starting at 110.66. Right above this resistance zone may be a good entry point.
More info and screens
DORM Support and Resistance Analysis
99.50
2 important support areas can be observed.
- A support zone ranging from 108.35 to 109.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 100.50 to 101.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 110.66 to 114.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @117.54 from a trend line in the daily time frame.
- Resistance @129.53 from a trend line in the daily time frame.
- Resistance @135.48 from a horizontal line in the daily time frame.
DORM Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for DORM is up. |
| ChartMill Relative Strength | 21.57 | NEGATIVE | DORM has a low relative strength, it was outperformed by 78.43% 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) | 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) | 54.21 | NEUTRAL | The RSI value for DORM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.13 | POSITIVE | The MACD value suggests DORM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.8 | OVERBOUGHT | The high Stochastics value suggests DORM may be overbought. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for DORM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.36 | NEGATIVE | The low ADX value for DORM suggests a weak or negative trend. |
DORM Chart- and CandleStick Pattern Analysis
DORM Technicals: Chart, Performance Metrics, Trend & Indicators
110.26
-1.32 (-1.18%)
DORMAN PRODUCTS INC / DORM TA FAQ
What is the ChartMill technical rating of DORMAN PRODUCTS INC (DORM) stock?
ChartMill assigns a technical rating of 2 / 10 to DORM.
Can you provide the trend direction for DORMAN PRODUCTS INC?
The current trend direction for DORMAN PRODUCTS INC (DORM) is Bearish.
What is the RSI signal for DORMAN PRODUCTS INC (DORM) stock?
DORMAN PRODUCTS INC (DORM) has an RSI value of 54.2135. This indicates that the stock is currently neutral.
What is the MACD signal for DORMAN PRODUCTS INC (DORM) stock?
The MACD indicator for DORMAN PRODUCTS INC (DORM) has a value of 1.12815, indicating a bullish trend.
Can you provide the short term momentum for DORMAN PRODUCTS INC?
The short term momentum for DORMAN PRODUCTS INC (DORM) is positive.